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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Office Spaces
1417 9th St Corvallis, OR 97330-4510
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US71-0535321
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1964
Total area
5,200 SF
Lot
0.38 ac (16,553 SF)
Zoning code
CMU-2
APN
11526DC01900
UPID
US71-0535321
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Mick's Glass Service Auto Repair Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$773k
Blend (final)
Blend
$1.03M
Owner & transaction history
Plum Holdings LLC · 5 yrs held
Plum Holdings LLC
since 2021
Last sale
$1.0M
6 recorded transactions
Zoning & alternative use
CMU-2 · Corvallis, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This zone is intended to form the commercial core of comprehensive neighborhoods as envisioned by the Comprehensive Plan, this zone is anticipated within Major Neighborhood Center Study Areas, although they can be appropriate in other areas as well
Zone name
Commercial Mixed Use 2
General category
MIXED_USE
Zone area
294.51 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Corvallis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corvallis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,070,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±10% · vs last sale $1.00M (Jun 3 2021)
Last sale anchor
$1.00M
Jun 3 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$197 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,615
Tax year 2023
Assessed value
$344,403
Assessed 2023
Previous assessed
$334,372
+3.0% YoY
Effective rate
1.92%
On assessed value
Land market value
$662,080
Improvement market value
$354,914
Total market value
$1,016,994
Applied tax rate
901.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1964
Heating
NONE
Stories
1
Total area
5,200 SF
Lot
0.38 ac (16,553 SF)
Zoning code
CMU-2
APN
11526DC01900
UPID
US71-0535321
Jurisdiction
BENTON
Zoning & alternative use
CMU-2 · Corvallis, ORZoning CMU-2 · permitted uses
CMU-2 · Corvallis, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This zone is intended to form the commercial core of comprehensive neighborhoods as envisioned by the Comprehensive Plan, this zone is anticipated within Major Neighborhood Center Study Areas, although they can be appropriate in other areas as well
Zone name
Commercial Mixed Use 2
General category
MIXED_USE
Zone area
294.51 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Plum Holdings LLC
Entity
Mailing address
6299 LOONEY LN SW, ALBANY, OR 97321-3661
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2025
—
Plum Holding LLC
—
Deed
related
$400,000 · Umpqua Bank
Jun 3, 2021
$1,000,000
Plum Holdings LLC
Malcolm T Rose
Warranty Deed
$800,000 · Umpqua Bank
Apr 12, 2021
—
Mms Prps LLC
Malcolm T Rose
Quit Claim Deed
related
—
Dec 6, 2010
$310,000
Malcolm Rose
Miskowiec Family Trust
Warranty Deed
—
Dec 1, 2010
—
Malcolm T Rose
Rose,malcolm
Quit Claim Deed
related
$210,000 · Umpqua Bank
Jul 1, 2002
$310,000
Malcolm Rose
Miksowiec Trust
—
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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