Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

200 Center Ave Molalla, OR 97038

  • Commercial real estate
  • 0.68 lot acres
Value Estimation
Last Sale
Jul 08, 2021
$750,000
Location Intelligence
Property ID
US71-0968413
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 200 Center Ave

Year built
1980
Lot size
0.68 lot acres
Zone code
C1
Property type
Commercial real estate
APN
52E09CB03001
APU
52E09CB03001

Description

This exceptional 4,500 square foot commercial building is situated on a beautifully landscaped 0.68-acre corner lot in the rapidly expanding city of Molalla, Oregon. Previously utilized as a bank, this property boasts a wealth of desirable features, including a drive-through window and a secure vault, perfect for a variety of commercial ventures. The expansive lobby area is awash with natural light, thanks to its large windows and high ceilings, creating a welcoming and inviting atmosphere. The building's versatile layout lends itself to a wide range of uses, from professional offices and retail spaces to restaurants and cafes. The drive-through window presents a unique opportunity for businesses offering food or beverage services. Additional amenities include a sizable break room, multiple restrooms, ample storage space in the rear, and a generous parking lot. A prominent free-standing light box pylon sign provides excellent visibility and advertising potential for your business. This turnkey property is ready for immediate occupancy and offers an exceptional opportunity for entrepreneurs seeking a prime location in a thriving community. Showings are by appointment only. The asking price is $1,399,000.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $865,000
  • CAP approach

    CAP return
    Estimation
    6%
    $740,000
    6.5%
    $710,000
    7%
    $705,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $655,000
    Geo Method
    $705,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $820,000
    Retail
    $735,000
    Mixed-Use
    $720,000
    Hospitality
    $815,000
    Educational
    $705,000
    Residential Income
    $635,000
    Energy
    $735,000
    Income-Based Land
    $825,000
    Food Service
    $640,000

Location Insight

  • Map
  • Local Demand
City
Molalla
County
Clackamas
State
Oregon
Longitude
-122.575
Latitude
45.1486
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
$12,858
$0.00
$0.00
$827,078
-
$198,088
$628,990
$827,078
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