Property profile

227 Adair St Cornelius, OR 97113

OFF-MARKET
Retail space
Property ID
US71-0848366
6,262 SF 0.56 ac lot
Entity Owned 19-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 6,262 SF
Lot 0.56 ac (24,394 SF)
Zoning code C2
APN 1N333CC-03100
UPID US71-0848366

Cap rate & NOI

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

Location

227 Adair St Cornelius, OR 97113-8403
Cornelius metro Census 32901 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$818k
Blend (final) Blend
$460k

Owner & transaction history

since 2007
2 recorded transactions
2007
Price N/A
2006
Price N/A

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

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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