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    1318 9th St Ste, Unit 100 Corvallis, OR 97330-4565
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    Property profile & analytics

    1318 9th St Ste, Unit 100, Corvallis, OR 97330-4565

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    • Retail space
    • 7,580 SF
    • 0.47 lot acres
    Off-Market
    Last Sale Feb 1, 2022
    $1,690,000
    Property ID
    US71-0348842
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,690,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • FactoryWiz Monitoring / (Bike/Boat/Book/etc) Store / Corporate Office
    • Refresh Your Memory, Inc / (Bike/Boat/Book/etc) Store / Corporate Office
    • Ideal Option / Medical Clinic

    Property Details for 1318 9th St Ste

    Year built
    1998
    Lot size
    0.47 lot acres
    Zone code
    CMU-2
    Property type
    Retail space
    APN
    11526DC02900
    APU
    11526DC02900

    Description

    This exceptional 7,721 square foot Class A office building, located at 1318 NW 9th Street in Corvallis, Oregon, presents a unique owner-user opportunity. Built in 1998 and renovated in 2022, the property boasts a prime location on a high-traffic commercial artery, offering excellent visibility and signage opportunities. Currently housing two tenants, generating a pro-forma NOI of $140,107 and a 7.01% cap rate, this investment provides immediate income while offering significant expansion potential. The available 3,411 square foot end-cap suite (Suite 100) comprises approximately 44% of the building, ideal for an owner-occupier. This versatile space features at least eight offices, a conference room, waiting room, a large demisable area with a sink, a break room/kitchenette, and a bathroom. The property sits on a 0.47-acre lot, zoned CMU-2, allowing for a wide range of commercial uses. Its proximity to Oregon State University (OSU) further enhances its appeal, benefiting from the strong demand in this vibrant market. The asking price is $1,999,000, with a price per square foot of $258.90. Additional space is also available for lease. This property offers a compelling blend of immediate income, long-term growth potential, and a strategic location in a thriving Oregon community. The property is conveniently located at a Corvallis Transit System stop.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,765,000
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,735,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Corvallis
    County
    Benton
    State
    Oregon
    Longitude
    -123.261
    Latitude
    44.5787
    CBSA code
    18700
    CBSA name
    CORVALLIS, OR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,638
    $0.00
    $0.00
    $970,403
    -
    $818,920
    $887,847
    $1,706,767
    More about this property
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