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    Property profile & analytics

    209 1st St Enterprise, OR 97828-1003

    • Banks
    • 2,507 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US71-1132745
    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

    • US Consolidated Farm Services Agency / Conservation Department
    • Usda Service Center / Government
    • Wallowa County Chieftain / Newspaper Publisher

    Property Details for 209 1st St

    Year built
    1992
    Lot size
    0.17 lot acres
    Property size
    2,507 SF
    Property type
    Banks
    APN
    01S4435DC 8200
    APU
    01S4435DC8200

    Description

    This exceptional commercial property, located at 209 NW 1st Street in Enterprise, Oregon, presents a unique investment opportunity. The 2,507 square foot building, constructed in 1992, is a single-story, wood-frame structure situated on a 0.16-acre lot. Currently vacant, this traditional office building offers significant potential for a variety of uses. Its prime location along NW 1st Street, a major commercial thoroughfare in Enterprise, and its proximity to Highway 82 (W North Street) ensure high visibility and accessibility. The property is zoned C1, providing flexibility for various commercial ventures. Built in 1992, the building is situated outside of any FEMA designated flood zones, offering peace of mind to potential buyers. The single-unit building offers a straightforward ownership structure, making it an attractive option for both seasoned investors and first-time buyers. This is a rare opportunity to acquire a well-located commercial property in a thriving Oregon community. The property's size and zoning provide ample room for customization and adaptation to suit a wide range of business needs. Don't miss this chance to own a piece of Enterprise's vibrant commercial landscape.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $325,000
      6.5%
      $325,000
      7%
      $305,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $305,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $335,000
      Mixed-Use
      $360,000
      Hospitality
      $330,000
      Educational
      $280,000
      Residential Income
      $285,000
      Energy
      $270,000
      Income-Based Land
      $280,000
      Food Service
      $310,000

    Location Insight

    • Map
    • Local Demand
    City
    Enterprise
    County
    Wallowa
    State
    Oregon
    Longitude
    -117.279
    Latitude
    45.4271

    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
    $4,891
    $41,740
    $271,815
    $313,555
    -
    $72,900
    $490,010
    $562,910

    Comparable in this City

    • Value Estimation
      $415,000
      3,796 SF

      103 Hwy 82

      FINANCIAL BUILDING • 3,796 SF
      103 Hwy 82, Enterprise, OR 97828-6011
      View Details
    • Value Estimation
      $250,000
      10,252 SF

      111 Wn St

      FINANCIAL BUILDING • 10,252 SF
      111 Wn St, Enterprise, OR 97828-1036
      View Details
    • Value Estimation by Request
      4,332 SF

      101 Hogan St

      FINANCIAL BUILDING • 4,332 SF
      101 Hogan St, Enterprise, OR 97828
      View Details
    • Value Estimation
      $310,000
      935 SF

      936 Wn St

      FINANCIAL BUILDING • 935 SF
      936 Wn St, Enterprise, OR 97828
      View Details
    • Value Estimation by Request
      20.52 Acres

      88401 Hwy 82

      FINANCIAL BUILDING • 20.52 Acres
      88401 Hwy 82, Enterprise, OR 97828-3141
      View Details
    • Value Estimation by Request
      1,120 SF

      612 2nd St

      FINANCIAL BUILDING • 1,120 SF
      612 2nd St, Enterprise, OR 97828-1214
      View Details

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    209 1st St
    Enterprise, OR 97828-1003
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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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