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    Property profile & analytics

    227 3rd St Corvallis, OR 97330-4801

    • Retail space
    • 2,958 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-0081355
    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

    • Corvallis Vision Center / Optometrist / Contact Lenses Supplier
    • MASHA L MOLODYH / Optometrist
    • Matthew Wayne Knecht / Optometrist

    Property Details for 227 3rd St

    Year built
    1951
    Lot size
    0.18 lot acres
    Property size
    2,958 SF
    Zone code
    CMU-3
    Property type
    Retail space
    APN
    11535DC02900
    APU
    11535DC02900

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Corvallis
    County
    Benton
    State
    Oregon
    Longitude
    -123.26
    Latitude
    44.5658
    CBSA code
    18700
    CBSA name
    CORVALLIS, 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
    2023
    $8,705
    $0.00
    $0.00
    $453,209
    -
    $536,118
    $385,496
    $921,614

    Comparable in this City

    • Value Estimation by Request
      5,000 SF

      120 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      120 2nd St, Corvallis, OR 97330-4720
      View Details
    • Value Estimation by Request
      24,721 SF

      1699 9th St

      RETAIL STORES (PERSONAL SERVICES) • 24,721 SF
      1699 9th St, Corvallis, OR 97330
      View Details
    • Value Estimation by Request
      67,481 SF

      1550 9th St Ste, Unit 100

      RETAIL STORES (PERSONAL SERVICES) • 67,481 SF
      1550 9th St Ste, Corvallis, OR 97330-4692
      View Details
    • Value Estimation by Request
      1,496 SF

      442 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 1,496 SF
      442 2nd St, Corvallis, OR 97330-6442
      View Details
    • Value Estimation by Request
      24,560 SF

      720 Cir Blvd

      RETAIL STORES (PERSONAL SERVICES) • 24,560 SF
      720 Cir Blvd, Corvallis, OR 97330-4207
      View Details
    • Value Estimation by Request
      9,614 SF

      415 Cir Blvd

      RETAIL STORES (PERSONAL SERVICES) • 9,614 SF
      415 Cir Blvd, Corvallis, OR 97330-4204
      View Details

    Similar Nearby for Sale

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      Mixed-use property with redevelopment potential in a thriving downtown area.
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      Corvallis Retail Space - Prime Location

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    Similar Nearby for Lease

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      Retail Space in Corvallis Center

      Retail space available in Corvallis's largest shopping center.
      2301-2543 NW Kings Blvd, Corvallis, OR 97330
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      Office and Lab Space Available

      Technology campus with office, lab space, and amenities for rent.
      1100 NE Circle Blvd, Corvallis, OR 97330
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    Property Visit Statistics

    • Visits by month
      9.3k
    • Visitors by month
      7.8k
    • Avg Time on site
      3 min
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    227 3rd St
    Corvallis, OR 97330-4801
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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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