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    Property profile & analytics

    1503 Division St Elgin, OR 97827-8164

    • Retail space
    • 2,822 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 30, 2025
    $85,000
    Location Intelligence
    Property ID
    US71-1076555
    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

    • Retail space

    Property Details for 1503 Division St

    Year built
    1984
    Lot size
    0.41 lot acres
    Property size
    2,822 SF
    Zone code
    EL-GC;GENERAL COMMERCIAL
    Property type
    Retail space
    APN
    01N3915CA 900
    APU
    01N3915CA900

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Union
    State
    Oregon
    Longitude
    -117.925
    Latitude
    45.5651
    CBSA code
    29260
    CBSA name
    LA GRANDE, OR MICROPOLITAN 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
    $1,763
    $39,180
    $78,360
    $117,540
    -
    $39,180
    $78,360
    $117,540

    Comparable in this City

    • Value Estimation by Request
      0.08 Acres

      43 8th Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.08 Acres
      43 8th Ave, Elgin, OR 97827-8183
      View Details
    • Value Estimation by Request
      1,012 SF

      720 Albany St

      RETAIL STORES (PERSONAL SERVICES) • 1,012 SF
      720 Albany St, Elgin, OR 97827-9504
      View Details
    • Value Estimation by Request
      5,600 SF

      810 Albany St

      RETAIL STORES (PERSONAL SERVICES) • 5,600 SF
      810 Albany St, Elgin, OR 97827
      View Details
    • Value Estimation by Request
      7,564 SF

      831 Alder St

      RETAIL STORES (PERSONAL SERVICES) • 7,564 SF
      831 Alder St, Elgin, OR 97827
      View Details
    • Value Estimation by Request
      2,080 SF

      71005 Hwy 82

      RETAIL STORES (PERSONAL SERVICES) • 2,080 SF
      71005 Hwy 82, Elgin, OR 97827-8312
      View Details
    • Value Estimation
      $75,000
      3,000 SF

      12 8th Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      12 8th Ave, Elgin, OR 97827
      View Details
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    1503 Division St
    Elgin, OR 97827-8164
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    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
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