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    149 Molalla Ave Oregon City, OR 97045
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    149 Molalla Ave, Oregon City, OR 97045

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    • Commercial real estate
    Off-Market
    Property ID
    US71-0391578
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 149 Molalla Ave

    Property type
    Commercial real estate

    Description

    This exceptional 4,792 sq ft corner lot in Oregon City, Oregon (97045), presents a unique investment opportunity. Zoned MUC1, it boasts approved plans for a duplex featuring two spacious 1,200 sq ft units, each with two bedrooms and two and a half bathrooms. The property's location offers convenient access to Main Street's vibrant amenities, including restaurants, shops, and cafes, all within less than a mile. This permit-ready project is ideal for developers and investors seeking to capitalize on Oregon City's growth. The oversized lot provides ample space for the proposed duplex and potential future expansion. The asking price is $199,900. This is a rare chance to acquire a ready-to-build duplex project in a highly desirable location. The approved plans streamline the development process, minimizing delays and maximizing return on investment. Don't miss this opportunity to build in a thriving community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Oregon City
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.5966964
    Latitude
    45.350101

    Comparable in this City

    • New
      $995,000
      2,932 SF

      Remodeled Fourplex on Corner Lot

      Midcentury fourplex with remodeled units, balconies, and fenced yards.
      718 9Th St, Oregon City, OR 97045
      View Details
    • New
      $499,000
      1,453 SF

      Renovated Duplex in Oregon City

      Fully permitted, renovated duplex with modern amenities and separate entrances.
      418 Dewey St, Oregon City, OR 97045
      View Details
    • $995,000
      733 SF

      Remodeled Fourplex on Corner Lot

      Midcentury fourplex with remodeled units, balconies, and private yards.
      718 9Th St, Oregon City, OR 97045
      View Details
    • New
      $399,900
      1,980 SF

      Rehabbed Duplex with River Views

      Fully leased two-unit duplex with completed interior improvements, basement amenities, and views toward the Willamette River.
      715 S Mcloughlin Blvd, Oregon City, OR 97045
      View Details
    • New
      $350,000
      1,344 SF

      Updated Duplex in Downtown OregonCity

      Updated duplex near downtown Oregon City shops and restaurants.
      1016 Center St, Oregon City, OR 97045
      View Details
    • New
      $599,900
      3,174 SF

      Oregon City Multifamily Investment

      Three-unit multifamily property with in-place income and historic setting.
      308 High St, Oregon City, OR 97045
      View Details

    Similar Nearby for Sale

    • New
      $995,000
      2,932 SF

      Remodeled Fourplex on Corner Lot

      Midcentury fourplex with remodeled units, balconies, and fenced yards.
      718 9Th St, Oregon City, OR 97045
      View Details
    • New
      $499,000
      1,453 SF

      Renovated Duplex in Oregon City

      Fully permitted, renovated duplex with modern amenities and separate entrances.
      418 Dewey St, Oregon City, OR 97045
      View Details
    • New
      $350,000
      1,344 SF

      Updated Duplex in Downtown OregonCity

      Updated duplex near downtown Oregon City shops and restaurants.
      1016 Center St, Oregon City, OR 97045
      View Details
    • New
      $599,900
      3,174 SF

      Oregon City Multifamily Investment

      Three-unit multifamily property with in-place income and historic setting.
      308 High St, Oregon City, OR 97045
      View Details
    • $995,000
      733 SF

      Remodeled Fourplex on Corner Lot

      Midcentury fourplex with remodeled units, balconies, and private yards.
      718 9Th St, Oregon City, OR 97045
      View Details
    • New
      $399,900
      1,980 SF

      Rehabbed Duplex with River Views

      Fully leased two-unit duplex with completed interior improvements, basement amenities, and views toward the Willamette River.
      715 S Mcloughlin Blvd, Oregon City, OR 97045
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      High-Traffic Endcap Retail Opportunity

      Premier 1,180 SF endcap suite in Oregon City.
      124 Molalla Ave, Oregon City, OR 97045
      View Details
    • Contact for pricing

      Retail Opportunity in Oregon City

      Retail space available in Berry Hill Shopping Center.
      19007 S Beavercreek Rd, Oregon City, OR 97045
      View Details
    • Contact for pricing

      Unique Space with River Views

      Creative retail or office space with river views and outdoor area.
      615 High St, Oregon City, OR 97045
      View Details
    • Contact for pricing
      5,800 SF

      Oregon City Flex Space Available

      Flex space available for rent in Oregon City.
      13851 S Beavercreek Rd, Oregon City, OR 97045
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Oregon City.
      Molalla Ave & Beavercreek Rd, Oregon City, OR 97045
      View Details
    • Contact for pricing
      4,335 SF

      Oregon City Retail Space Available

      Retail space with drive-through potential in Oregon City.
      334 Warner Milne Rd, Oregon City, OR 97045
      View Details
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    Oregon City, OR 97045
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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