Property profile

189 Pacific S Ave Monmouth, OR 97361

OFF-MARKET
Office buildings
Property ID
US71-0263010
854 SF 0.18 ac lot Built 1940
Individually Owned 11-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1940
Total area 854 SF
Lot 0.18 ac (7,841 SF)
Zoning code CH
APN 08430-BD-02600
UPID US71-0263010

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

189 Pacific S Ave Monmouth, OR 97361-1523
Monmouth metro Census 20304 SALEM, OR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2015
7 recorded transactions
2015
$120,000
2012
$90,000
2006
$190,000
2005
$160,000
2005
$135,000
1995
$60,000
1994
$60,000

Zoning & alternative use

CH · Monmouth, OR
Zoning description

CH Zone. The purpose of the commercial highway (CH) zone is to define and protect areas suitable for commercial uses which require exposure and access to major traffic arterials, and which provide facilities and services…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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