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    Property profile & analytics

    2 Main St Joseph, OR 97846-8434

    • Retail space
    • 2,888 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Location Intelligence
    Property ID
    US71-1074392
    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

    • Element / Home Goods Store / Art Gallery

    Property Details for 2 Main St

    Year built
    1918
    Lot size
    0.05 lot acres
    Property size
    2,888 SF
    Property type
    Retail space
    APN
    02S4529CC 8600
    APU
    02S4529CC8600

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $310,000
      6.5%
      $315,000
      7%
      $315,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $330,000
      Geo Method
      $315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $285,000
      Retail
      $270,000
      Mixed-Use
      $325,000
      Hospitality
      $270,000
      Educational
      $260,000
      Residential Income
      $315,000
      Energy
      $340,000
      Income-Based Land
      $295,000
      Food Service
      $320,000

    Location Insight

    • Map
    • Local Demand
    City
    Joseph
    County
    Wallowa
    State
    Oregon
    Longitude
    -117.23
    Latitude
    45.3522

    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
    $2,083
    $25,487
    $144,219
    $169,706
    -
    $43,710
    $256,220
    $299,930

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      10 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      10 Main St, Joseph, OR 97846-8434
      View Details
    • Value Estimation by Request
      960 SF

      3 Main St

      RETAIL STORES (PERSONAL SERVICES) • 960 SF
      3 Main St, Joseph, OR 97846-8434
      View Details
    • Value Estimation by Request
      1,080 SF

      207 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,080 SF
      207 Main St, Joseph, OR 97846-5031
      View Details
    • Value Estimation
      $405,000
      4,576 SF

      84083 Alpine Ln

      RETAIL STORES (PERSONAL SERVICES) • 4,576 SF
      84083 Alpine Ln, Joseph, OR 97846-8112
      View Details
    • Value Estimation
      $355,000
      5,892 SF

      5 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,892 SF
      5 Main St, Joseph, OR 97846-8434
      View Details
    • Value Estimation
      $340,000
      6,756 SF

      403 Main St

      RETAIL STORES (PERSONAL SERVICES) • 6,756 SF
      403 Main St, Joseph, OR 97846-5001
      View Details

    Similar Nearby for Sale

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      Turn-key restaurant business opportunity in the heart of Joseph, Oregon.
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      Buildable Lot with Lake Views

      Half-acre lot with stunning Wallowa Lake and mountain views.
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      Wallowa Lake Land For Sale

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    • $345,000
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      Joseph, OR Commercial Building

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      302 Main St, Joseph, OR 97846
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    • $299,000
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      Wallowa Lake Land Opportunity

      Two buildable lots near Wallowa Lake amenities.
      Wallowa Lake Hwy, Joseph, OR 97846
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    • $349,000
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      Secluded Mountain Land For Sale

      Private 40-acre land near Wallowa Lake, surrounded by USFS.
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    2 Main St
    Joseph, OR 97846-8434
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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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