Property profile

220 Adair St Cornelius, OR 97113

OFF-MARKET
Retail space
Property ID
US71-0488895
154,371 SF 15.63 ac lot Built 2009
Entity Owned Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2009
Total area 154,371 SF
Lot 15.63 ac (680,843 SF)
Zoning code C2
APN 1N333CC-13900
UPID US71-0488895

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
  • Bank Credit Union
  • Ophthalmologist (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store
  • Take-out & Catering Catering Service
  • Electric Vehicle Charging Station

Location

220 Adair St Cornelius, OR 97113-8404
Cornelius metro Census 32901 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$36.27M
Blend (final) Blend
$36.27M

Owner & transaction history

Zoning & alternative use

C2 · Cornelius, OR
Zoning description

ANUFACTURED HOME PARK ZONE (MHP) (§ 18.30.010 - § 18.30.090) Chapter 18.35 MULTI-UNIT RESIDENTIAL ZONE (A-2) (§ 18.35.010 - § 18.35.090) Chapter 18.40 GENERAL COMMERCIAL ZONE (C-1) Chapter 18.45 HIGHWAY COMMERCIAL ZONE (…

General category COMMERCIAL
Top alternative use upside
Medical building $49.2M +42.5%
Restaurant $46.7M +35.3%
Commercial (general) $42.8M +23.9%

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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