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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Office Spaces
216 6th St Corvallis, OR 97330-4812
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0760166
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1994
Total area
2,384 SF
Lot
0.15 ac (6,534 SF)
Zoning code
P-AO
APN
11535CA13100
UPID
US71-0760166
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
-
DE Portable Toilets Building Supply
-
Dr. Mark Aron Physician Medical Clinic
-
Berman Patricia Foster Care Service Social Service Agency
-
Dougher David T Family Counselor
-
Jean Schumer Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$708k
Blend (final)
Blend
$710k
Owner & transaction history
J M Edwards · 7 yrs held
J M Edwards
since 2019
4 recorded transactions
Zoning & alternative use
P-AO · Corvallis, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This zone is intended to establish suitable urban areas for diversified office uses in concentrated centers and in appropriate isolated locations
Zone name
Professional And Administrative Office Zone
General category
UNKNOWN
Zone area
84.86 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$710k
Range $639k – $781k · ±10%
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
$298 / 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
$7,490
Tax year 2023
Assessed value
$389,953
Assessed 2023
Previous assessed
$378,595
+3.0% YoY
Effective rate
1.92%
On assessed value
Land market value
$267,853
Improvement market value
$474,407
Total market value
$742,260
Applied tax rate
901.0000
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
1994
Heating
NONE
Stories
1
Bathrooms
3
Total area
2,384 SF
Lot
0.15 ac (6,534 SF)
Zoning code
P-AO
APN
11535CA13100
UPID
US71-0760166
Jurisdiction
BENTON
Zoning & alternative use
P-AO · Corvallis, ORZoning P-AO · permitted uses
P-AO · Corvallis, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This zone is intended to establish suitable urban areas for diversified office uses in concentrated centers and in appropriate isolated locations
Zone name
Professional And Administrative Office Zone
General category
UNKNOWN
Zone area
84.86 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1994
Heating
NONE
Stories
1
Bathrooms
3
Lot
0.15 ac
Current owner
From public records · entity-resolved
J M Edwards
Individual
Free & Clear · 7 yrs held
Mailing address
220 NW 6TH ST, CORVALLIS, OR 97330-4812
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2022
—
Edwards Investments LLC
—
Deed
related
$170,000 · Citizens Bank
Mar 14, 2019
—
J M Edwards
Edwards,james M & Barbara G
Quit Claim Deed
related
—
Mar 31, 1998
—
James M Edwards
Edwards,james M & Barbara G
Quit Claim Deed
related
$360,000 · Liberty Federal Bank
—
—
James M Edwards
—
Deed Of Trust
related
$425,000 · Citizens Federal Bank Fsb
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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