Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1393 Monmouth Independence Hwy Monmouth, OR 97361-1961

    • Grocery and convenience stores
    • 34,110 SF
    • 8.01 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 07, 2023
    Location Intelligence
    Property ID
    US71-1336148
    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.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 1393 Monmouth Independence Hwy

    Year built
    2019
    Lot size
    8.01 lot acres
    Property size
    34,110 SF
    Zone code
    CR
    Property type
    Grocery and convenience stores
    APN
    08430-A0-03201
    APU
    08430A003201

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monmouth
    County
    Polk
    State
    Oregon
    Longitude
    -123.218
    Latitude
    44.8502
    CBSA code
    41420
    CBSA name
    SALEM, 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
    $0.00
    $228,290
    $5,834,870
    $6,063,160
    -
    $1,909,500
    $9,831,890
    $11,741,390

    Comparable in this City

    • Value Estimation
      $500,000
      5,538 SF

      145 Monmouth N Ave

      CONVENIENCE STORE • 5,538 SF
      145 Monmouth N Ave, Monmouth, OR 97361-1328
      View Details
    • Value Estimation
      $1,845,000
      2,243 SF

      595 Main E St

      CONVENIENCE STORE (W/FUEL PUMP) • 2,243 SF
      595 Main E St, Monmouth, OR 97361-2311
      View Details
    • Value Estimation
      $390,000
      1,848 SF

      13160 Pacific W Hwy

      CONVENIENCE STORE • 1,848 SF
      13160 Pacific W Hwy, Monmouth, OR 97361-9616
      View Details
    • Value Estimation by Request
      2,500 SF

      303 Main E St

      RETAIL STORES (PERSONAL SERVICES) • 2,500 SF
      303 Main E St, Monmouth, OR 97361-2334
      View Details
    • Value Estimation by Request
      2,000 SF

      445 Gwinn E St

      SHOW ROOM, WAREHOUSE • 2,000 SF
      445 Gwinn E St, Monmouth, OR 97361-1544
      View Details
    • Value Estimation
      $265,000
      1,040 SF

      593 Jackson E St

      RETAIL STORES (PERSONAL SERVICES) • 1,040 SF
      593 Jackson E St, Monmouth, OR 97361-1513
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Redevelopment Opportunity in Monmouth, Oregon

      Prime retail space ideal for redevelopment or owner-user.
      523 Main St E, Monmouth, OR 97361
      View Details
    • $159,900
      0.50 Acres

      Half-Acre Commercial Property with Shop

      Half-acre commercial property with 3,500 sq ft shop and offices.
      12590 S Kings Valley Hwy, Monmouth, OR 97361
      View Details
    • $899,990
      3,280 SF

      Monmouth, OR 4-Plex Investment

      Investment 4-plex near WOU campus with strong rental history.
      297 Main St W, Monmouth, OR 97361
      View Details
    • $2,650,000

      Productive Farm with Recreational Potential

      Farm with tiled fields, timber, pond, and development potential.
      14060 Simpson Rd, Monmouth, OR 97361
      View Details
    • $1,350,000
      222.30 Acres

      222 Acres of Diverse Timber

      222-acre property with timber, pasture, and hunting potential.
      Airlie Rd, Monmouth, OR 97361
      View Details
    • $499,000
      1,425 SF

      Country Property with Large Shop

      Residential property with potential and a 30 x 60 shop.
      14609 Forest Hill Dr, Monmouth, OR 97361
      View Details

    Similar Nearby for Lease

    • $1.45 SF/Yr
      2,625 SF

      Former Bank Retail Building Available

      Standalone retail building with drive-thru, ready for sublease.
      200 Main St E, Monmouth, OR 97361
      View Details
    • $1.00 SF/Yr
      1,170 SF

      Retail Space Near Western Oregon

      Retail space in newer shopping center near Western Oregon University.
      601-609 Clay St E, Monmouth, OR 97361
      View Details
    • $18 SF/Yr
      3,662 SF

      Monmouth Retail Center Opportunity

      High-traffic retail space, NNN lease.
      609 Clay St, Monmouth, OR 97361
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1393 Monmouth Independence Hwy
    Monmouth, OR 97361-1961
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.