Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    214 Oak St Silverton, OR 97381-1617
    Back to Search
    Property profile & analytics

    214 Oak St, Silverton, OR 97381-1617

    View on Map
    • Medical Office Space
    • 2,250 SF
    • 0.05 lot acres
    Off-Market
    Property ID
    US71-1762492
    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.
    Value Estimations
    $630,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bryan Johnson Orthodontics / Dental Office
    • Silver Falls Family Dental Care / Dental Office
    • Greenbaum & Johnson / Medical Clinic
    • Silver Falls Family Dental: Pyper Kendall T DDS / Dental Office

    Property Details for 214 Oak St

    Year built
    1960
    Lot size
    0.05 lot acres
    Zone code
    DC
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    061W35CB00300
    APU
    061W35CB00300

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 30, 2018 $435,000 Pyper Properties LLC Silver Boy Properties LLC Warranty Deed $353k · Columbia St Bk-portland Cbc 1
    Dec 16, 2009 $396,000 Silver Boy Properties LLC Mama Duck LLC Warranty Deed $308k · Columbia Community Bank
    May 30, 2008 $275,000 Mama Duck LLC Yakima Valley Farm Workers Cli Warranty Deed $278k · Columbia Community Bank
    May 23, 2003 $200,000 Yakima Valley Farm Workers Orr,rodney E Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $631,000
      Market price range: $425k - $995k
      AI Estimate
      $631,000
      Market price range: $425k - $995k

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $725,000
      Current use
      AUTO REPAIR, GARAGE
      $805,000
      Change: +11% Conversion: Difficult
      OFFICE BUILDING
      $615,000
      Change: -15% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Silverton
    County
    Marion
    State
    Oregon
    Longitude
    -122.783
    Latitude
    45.0058
    CBSA code
    41420
    CBSA name
    SALEM, OR 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
    2021
    $4,619
    $0.00
    $0.00
    $292,480
    -
    $27,200
    $356,100
    $383,300

    Comparable in this City

    • Value Estimation
      $1,140,000
      3,540 SF

      347 Fairview St

      MEDICAL CLINIC
      347 Fairview St, Silverton, OR 97381-1916
      View Details
    • Value Estimation by Request
      1,030 SF

      333 Fairview St

      MEDICAL CLINIC
      333 Fairview St, Silverton, OR 97381-1916
      View Details
    • Value Estimation
      $1,005,000
      3,732 SF

      604 1st St

      MEDICAL CLINIC
      604 1st St, Silverton, OR 97381
      View Details
    • Value Estimation
      $2,360,000
      12,502 SF

      450 Welch St

      MEDICAL CLINIC
      450 Welch St, Silverton, OR 97381-1934
      View Details
    • Value Estimation
      $1,700,000
      9,000 SF

      400 Welch St

      MEDICAL CLINIC
      400 Welch St, Silverton, OR 97381-1934
      View Details
    • Value Estimation
      $615,000
      1,844 SF

      530 Welch St

      MEDICAL CLINIC
      530 Welch St, Silverton, OR 97381-1946
      View Details

    Similar Nearby for Sale

    • $349,000
      1,331 SF

      Remodeled Commercial Building with Parking

      Remodeled vintage building suitable for commercial or residential use.
      612 N 1St St, Silverton, OR 97381
      View Details
    • $8,629,000
      115,860 SF

      Silverton Industrial Facility - Prime Location

      Spacious industrial building, ideal for food processing.
      Silverton, OR 97381
      View Details
    • $759,000

      120 Acres Near Abiqua Creek

      120 acres of timberland with creek access near Silverton.
      000 Abiqua Dam Rd, Silverton, OR 97381
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale in Silverton, Oregon.
      500 Lewis Cemetery Rd Se, Silverton, OR 97381
      View Details
    • $450,000

      Buildable Lot with Creek Frontage

      Flat, buildable lot featuring creek frontage and well.
      17857 S Abiqua Rd, Silverton, OR 97381
      View Details
    • $310,000
      1.60 Acres

      Industrial Land with Insulated Shop

      1.6-acre private lot with an insulated shop, utilities, spring water, and creek frontage, plus two potential building sites.
      3835 Edison Rd NE, Silverton, OR 97381
      View Details

    Similar Nearby for Lease

    • $0.47 SF/Yr

      Silverton Food Processing Facility

      Upgraded food processing facility available for sublease or purchase.
      811 N 1St St, Silverton, OR 97381
      View Details
    • Contact for pricing
      962 SF

      Retail Space in Silverton Plaza

      Retail space available in Silverton Plaza anchored by Safeway.
      703 Mcclaine St, Silverton, OR 97381
      View Details
    • $15,570 /Mo

      Prefab Metal Building For Lease

      45,000 sq ft prefab metal building for lease.
      6011 Grinde Ln, Silverton, OR 97381
      View Details
    • Contact for pricing
      10,000 SF

      Retail Space in Silverton Plaza

      Retail space available in Silverton Plaza anchored by Safeway.
      301-365 Westfield St, Silverton, OR 97381
      View Details
    • Contact for pricing

      Silverton Food Processing Facility

      Upgraded food processing facility with onsite sanitation in Silverton, Oregon.
      811 N 1St St, Silverton, OR 97381
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    214 Oak St
    Silverton, OR 97381-1617
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    214 Oak St, Silverton, OR, 97381
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!