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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1751 Willamette Fls Dr West Linn, OR 97068-4523

    • Commercial real estate
    • 1,872 SF
    • 0.11 lot acres
    OFF-MARKET
    Last Sale
    Feb 18, 2020
    $724,000
    Value Estimations
    $730,000
    Show details
    Cap Rate Potential
    3.2%
    Commercial real estate
    Location Intelligence
    Property ID
    US71-0344665
    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

    • Commercial real estate

    Property Details for 1751 Willamette Fls Dr

    Year built
    1924
    Lot size
    0.11 lot acres
    Property size
    1,872 SF
    Zone code
    GC
    Property type
    Commercial real estate
    APN
    31E02BA02400
    APU
    31E02BA02400

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $915,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $490,000
      6.5%
      $450,000
      7%
      $420,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $737,000
      Market price range: $388k - $1.22M
      AI Estimate
      $737,000
      Market price range: $388k - $1.22M

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

    Location Insight

    • Map
    • Local Demand
    City
    West Linn
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.656
    Latitude
    45.3437
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA 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
    $5,664
    $0.00
    $0.00
    $295,958
    -
    $87,220
    $346,930
    $434,150

    Comparable in this City

    • Value Estimation by Request
      0.76 Acres

      2100 8th Ct

      COMMERCIAL (GENERAL) • 0.76 Acres
      2100 8th Ct, West Linn, OR 97068-4365
      View Details
    • Value Estimation by Request
      0.57 Acres

      1885 Blankenship Rd

      COMMERCIAL (GENERAL) • 0.57 Acres
      1885 Blankenship Rd, West Linn, OR 97068-4247
      View Details
    • Value Estimation by Request
      3.56 Acres

      2351 Borland Rd

      COMMERCIAL (GENERAL) • 3.56 Acres
      2351 Borland Rd, West Linn, OR 97068-9147
      View Details
    • Value Estimation by Request
      6.16 Acres

      19121 Willamette Dr

      COMMERCIAL (GENERAL) • 6.16 Acres
      19121 Willamette Dr, West Linn, OR 97068-2019
      View Details
    • Value Estimation by Request
      1.29 Acres

      18850 Willamette Dr

      COMMERCIAL (GENERAL) • 1.29 Acres
      18850 Willamette Dr, West Linn, OR 97068-1710
      View Details
    • Value Estimation by Request
      1.80 Acres

      18900 Willamette Dr

      COMMERCIAL (GENERAL) • 1.80 Acres
      18900 Willamette Dr, West Linn, OR 97068-1713
      View Details

    Similar Nearby for Sale

    • $875,000

      Land in Prime Location

      Land with outstanding location near schools, downtown, and park.
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      Cascade Summit Professional Building

      Office building in West Linn, close to amenities.
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      Historic Office Building with Upgrades

      Freestanding office building with dedicated parking and river views.
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      West Linn Commercial Property For Sale

      Commercial property in Willamette neighborhood with high visibility and parking.
      1085 Willamette Falls Dr, West Linn, OR 97068
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    • $1,300,000

      West Linn Land For Development

      1.46 acres of land zoned R-10 in West Linn.
      4110 Cornwall St, West Linn, OR 97068
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    • $1,500,000
      1.30 Acres

      West Linn Land Investor Opportunity

      Approved partition with potential for additional development in West Linn.
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    Similar Nearby for Lease

    • $31 SF/Yr
      1,128 SF

      Class A Office Building Space

      Class A office building with river valley views for lease.
      1800 SW Blankenship Rd, West Linn, OR 97068
      View Details
    • $29 SF/Yr
      2,731 SF

      Turnkey Retail Space in West Linn

      Easily accessible retail space serving an affluent community.
      19066 Willamette Dr, West Linn, OR 97068
      View Details
    • Contact for pricing
      1,145 SF

      Retail Space in West Linn

      Retail space in high-income area near Safeway.
      21400 Salamo Rd, West Linn, OR 97068
      View Details
    • Contact for pricing
      700 SF

      Retail Space in West Linn

      Retail space anchored by Walmart Neighborhood Market on Willamette Drive.
      19121 Willamette Dr, West Linn, OR 97068
      View Details
    • $31 SF/Yr
      3,783 SF

      Class A Office Space Available

      Class A office building with Willamette River Valley views.
      1830 Blankenship Rd, West Linn, OR 97068
      View Details
    • Contact for pricing
      15,409 SF

      West Linn Creative Office Suites

      Class A Office Space, West Linn, OR
      1750 Blankenship Rd, West Linn, OR 97068
      View Details
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    West Linn, OR 97068-4523
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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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