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Property profile & analytics
OFF-MARKET
Estimated value
$2,520,000
Office Spaces
200 4th St Corvallis, OR 97333-4649
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US71-0400359
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1978
Total area
8,616 SF
Lot
0.35 ac (15,246 SF)
Zoning code
CMU-3
APN
12502BA01000
UPID
US71-0400359
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
SSS Investments Financial Advisor
-
Sterling Management Group Property Management Company
-
Joshua Kittel at CrossCountry Mortgage Loan Service Bank
-
Ecofys US Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.04M
Blend (final)
Blend
$2.52M
Owner & transaction history
Cooper Wagner Properties LLC · 4 yrs held
Cooper Wagner Properties LLC
since 2022
Last sale
$2.5M
6 recorded transactions
Zoning & alternative use
CMU-3 · Corvallis, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This zone implements the Central Business Comprehensive Plan designation, and is intended to guide the development of the Central Business District, as envisioned by the Comprehensive Plan
Zone name
Commercial Mixed Use 3
General category
MIXED_USE
Zone area
76.49 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Corvallis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corvallis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,560,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.52M
Range $2.27M – $2.77M · ±10% · vs last sale $2.50M (Apr 1 2022)
Last sale anchor
$2.50M
Apr 1 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$292 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$31,335
Tax year 2023
Assessed value
$1,631,451
Assessed 2023
Previous assessed
$1,583,933
+3.0% YoY
Effective rate
1.92%
On assessed value
Land market value
$1,009,668
Improvement market value
$1,697,888
Total market value
$2,707,556
Applied tax rate
932.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1978
Heating
NONE
Stories
1
Total area
8,616 SF
Lot
0.35 ac (15,246 SF)
Zoning code
CMU-3
APN
12502BA01000
UPID
US71-0400359
Jurisdiction
BENTON
Zoning & alternative use
CMU-3 · Corvallis, ORZoning CMU-3 · permitted uses
CMU-3 · Corvallis, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This zone implements the Central Business Comprehensive Plan designation, and is intended to guide the development of the Central Business District, as envisioned by the Comprehensive Plan
Zone name
Commercial Mixed Use 3
General category
MIXED_USE
Zone area
76.49 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Cooper Wagner Properties LLC
Entity
Mailing address
PO BOX 1159, MILL CITY, OR 97360-1159
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2022
$2,500,000
Cooper Wagner Properties LLC
Sss Investments LLC
Warranty Deed
—
Aug 9, 2019
—
Sss Investments LLC
—
Deed
related
$204,214 · M Lorna Living Trust (rt)
Jun 17, 2019
—
Sss Investments LLC
—
Deed
related
$205,000 · M Lorna Living Trust (rt)
May 31, 2002
$1,250,000
Sss Investments LLC
Wells Fargo Bank Northwest NA
Grant Deed
—
—
—
Sss Investments LLC
—
Deed Of Trust
related
$205,000 · M Lorna Living Trust (rt)
—
—
Sss Investments LLC
—
Deed Of Trust
related
$204,214 · M Lorna Living Trust (rt)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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