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    Property profile & analytics

    204 Main St Joseph, OR 97846-5031

    • Commercial real estate
    • 2,541 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US71-1123779
    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

    • Embers Brewhouse / Restaurant
    • Joseph Laundromat / Laundromat

    Property Details for 204 Main St

    Lot size
    0.12 lot acres
    Property size
    2,541 SF
    Property type
    Commercial real estate
    APN
    02S4529CC 5000
    APU
    02S4529CC5000

    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%
      $285,000
      6.5%
      $300,000
      7%
      $300,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $285,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $270,000
      Retail
      $300,000
      Mixed-Use
      $355,000
      Hospitality
      $360,000
      Educational
      $265,000
      Residential Income
      $310,000
      Energy
      $295,000
      Income-Based Land
      $270,000
      Food Service
      $290,000

    Location Insight

    • Map
    • Local Demand
    City
    Joseph
    County
    Wallowa
    State
    Oregon
    Longitude
    -117.229
    Latitude
    45.3537

    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
    $1,669
    $52,901
    $83,082
    $135,983
    -
    $96,290
    $153,660
    $249,950

    Comparable in this City

    • Value Estimation by Request
      237 SF

      Joseph, OR 97846

      COMMERCIAL (GENERAL) • 237 SF
      Joseph, OR 97846
      View Details
    • Value Estimation by Request
      15,000.00 Acres

      Lakeshore Dr

      Land • 15,000.00 Acres
      0 Lakeshore Dr, Joseph, OR 97846
      View Details
    • Value Estimation by Request
      4,538 SF

      Joseph, OR 97846

      COMMERCIAL (GENERAL) • 4,538 SF
      Joseph, OR 97846
      View Details
    • Value Estimation
      $365,000
      6,468 SF

      103 Main St

      COMMERCIAL (GENERAL) • 6,468 SF
      103 Main St, Joseph, OR 97846-5000
      View Details
    • Value Estimation
      $220,000
      2,400 SF

      700 Main St

      COMMERCIAL (GENERAL) • 2,400 SF
      700 Main St, Joseph, OR 97846-8000
      View Details
    • Value Estimation
      $610,000
      8,750 SF

      83496 Russell Ln

      COMMERCIAL (GENERAL) • 8,750 SF
      83496 Russell Ln, Joseph, OR 97846-8205
      View Details

    Similar Nearby for Sale

    • $345,000
      432 SF

      Joseph, OR Commercial Building

      Charming remodeled gallery, ample parking.
      302 Main St, Joseph, OR 97846
      View Details
    • $135,000
      0.59 Acres

      Buildable Lot with Lake Views

      Half-acre lot with stunning Wallowa Lake and mountain views.
      Lake Shore Rd, Joseph, OR 97846
      View Details
    • $198,500
      0.22 Acres

      Wallowa Lake Land For Sale

      Vacant lot with utilities in desirable Wallowa Lake location.
      Frst Dell Ave, Joseph, OR 97846
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    • $299,000
      0.34 Acres

      Wallowa Lake Land Opportunity

      Two buildable lots near Wallowa Lake amenities.
      Wallowa Lake Hwy, Joseph, OR 97846
      View Details
    • $2,750,000

      Joseph, OR Multifamily Investment

      Five-unit apartment building, mountain views.
      107 Alder St, Joseph, OR 97846
      View Details
    • $479,000
      1,586 SF

      Prime Joseph, OR Drive-In Restaurant

      Established Drive-In, Turn-Key Business
      301 Lake St, Joseph, OR 97846
      View Details
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    204 Main St
    Joseph, OR 97846-5031
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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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