Property profile

220 3rd St Hermiston, OR 97838

OFF-MARKET
Office buildings
Property ID
US71-0499389
1,566 SF 0.25 ac lot Built 1948
Individually Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1948
Total area 1,566 SF
Lot 0.25 ac (11,000 SF)
Zoning code C-2
APN 4N2810DA11200
UPID US71-0499389

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

220 3rd St Hermiston, OR 97838-1731
Hermiston metro Census 951000 HERMISTON-PENDLETON, OR MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2013
2 recorded transactions
2017
Price N/A
2013
$100,000

Zoning & alternative use

C-2 · Hermiston, OR
Zoning description

ENTIAL ZONE (R-3). § 157.028 MULTI-STRUCTURE RESIDENTIAL ZONE (R-4). § 157.029 RECREATIONAL RESIDENTIAL ZONE (RR). Article IV COMMERCIAL ZONES § 157.040 CENTRAL COMMERCIAL ZONE (C-1). § 157.041 OUTLYING COMMERCIAL ZONE (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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