Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1907 Pacific SE Blvd Albany, OR 97321-4930
    Back to Search
    Property profile & analytics

    1907 Pacific SE Blvd, Albany, OR 97321-4930

    View on Map
    • Retail space
    • 13,063 SF
    • 0.57 lot acres
    Off-Market
    Property ID
    US71-0567777
    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

    • Hair Cuts & Color LLC / Hair Salon

    Property Details for 1907 Pacific SE Blvd

    Year built
    1975
    Lot size
    0.57 lot acres
    Property type
    Retail space
    APN
    11S 03W 08BA 03800
    APU
    11S03W08BA03800

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 2, 2018 $1,910,000 Naboulsi LLC Legacy Lives On LLC Warranty Deed $1.2M · Miscellaneous Ins Co
    Jun 28, 2012 $1,440,000 Legacy Lives On LLC Crossroads Mall LLC Warranty Deed $1.1M · Osu FCU
    — — Crossroads Mall LLC — Deed Of Trust · related $700k · Bank Of Salem

    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
    Albany
    County
    Linn
    State
    Oregon
    Longitude
    -123.082
    Latitude
    44.6352
    CBSA code
    10540
    CBSA name
    ALBANY-LEBANON, 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
    $18,245
    $0.00
    $0.00
    $916,030
    -
    $486,710
    $2,030,300
    $2,517,010

    Comparable in this City

    • Value Estimation by Request
      11,628 SF

      617 Hickory NW St

      RETAIL STORES (PERSONAL SERVICES)
      617 Hickory NW St, Albany, OR 97321-1764
      View Details
    • Value Estimation by Request
      2,268 SF

      728 Pne SE St

      RETAIL STORES (PERSONAL SERVICES)
      728 Pne SE St, Albany, OR 97321-4837
      View Details
    • Value Estimation by Request
      13,124 SF

      202 Hickory NW St

      RETAIL STORES (PERSONAL SERVICES)
      202 Hickory NW St, Albany, OR 97321-1725
      View Details
    • Value Estimation by Request
      3,617 SF

      1177 Santiam SE Hwy

      RETAIL STORES (PERSONAL SERVICES)
      1177 Santiam SE Hwy, Albany, OR 97321-3156
      View Details
    • Value Estimation by Request
      12,000 SF

      415 1st NW Ave

      RETAIL STORES (PERSONAL SERVICES)
      415 1st NW Ave, Albany, OR 97321-2227
      View Details
    • Value Estimation by Request
      7,560 SF

      629 Hickory NW St

      RETAIL STORES (PERSONAL SERVICES)
      629 Hickory NW St, Albany, OR 97321-1758
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,854 SF

      Remodeled Multi-Tenant Albany Investment Property

      Turnkey investment opportunity in downtown Albany, Oregon with long-term tenants.
      210-216 2Nd Ave SW, Albany, OR 97321
      View Details
    • $945,000
      1.00 Acre

      Redevelopment Land Parcel with Fencing

      Flat, fenced commercial parcel with 159 feet of street frontage and water and sewer available in the street.
      6123 Pacific Bl SW, Albany, OR 97321
      View Details
    • Contact for pricing
      15,000 SF

      Albany Retail Space For Sale

      Retail space available for purchase in Albany, Oregon.
      350 NW Hickory St, Albany, OR 97321
      View Details
    • $890,000
      4,524 SF

      Multi-Tenant Commercial Building

      Three-building mix of office, retail, and residential units with separate meters, covered walkways, and 15 off-street spaces.
      418 E 1St Ave, Albany, OR 97321
      View Details
    • $970,000

      High Visibility Retail/Office Space

      8,000+ SF retail/office space on corner lot for sale.
      2501 Pacific Bl SE, Albany, OR 97321
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,668 SF

      Retail Space in Albany, Oregon

      Retail space available for lease in Albany, Oregon.
      320 Ellsworth St SW, Albany, OR 97321
      View Details
    • Contact for pricing

      Warehouse Spaces Near Highway 34

      Two warehouse spaces available between Corvallis and I-5.
      33976 Texas St SW, Albany, OR 97321
      View Details
    • Contact for pricing
      3,855 SF

      Class B Office Space Available

      3,855 RSF office space for rent, ample parking.
      804-808 Old Salem Rd NE, Albany, OR 97321
      View Details
    • Contact for pricing
      6,000 SF

      Albany Warehouse with Fenced Yard

      6,000 SF warehouse on 1.99 acres, fully fenced.
      30659 Or-34, Albany, OR 97321
      View Details
    • Contact for pricing
      4,000 SF

      Albany Office Space For Rent

      4000 sqft office space available for rent in Albany.
      442 1St Ave Nw, Albany, OR 97321
      View Details

    Property Visit Statistics

    • Visits by month
      4.4k
    • Visitors by month
      3.3k
    • Avg Time on site
      33 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1907 Pacific SE Blvd
    Albany, OR 97321-4930
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1907 Pacific SE Blvd, Albany, OR, 97321
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!