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    Property profile & analytics

    2312 Is Ave La Grande, OR 97850-3938

    • Retail space
    • 1,835 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Location Intelligence
    Property ID
    US71-1610437
    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

    • Retail space

    Property Details for 2312 Is Ave

    Year built
    1976
    Lot size
    0.34 lot acres
    Property size
    1,835 SF
    Property type
    Retail space
    APN
    03S3804CB 100
    APU
    03S3804CB100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $450,000
      6.5%
      $440,000
      7%
      $465,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $440,000
      Geo Method
      $510,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $395,000
      Retail
      $485,000
      Mixed-Use
      $420,000
      Hospitality
      $495,000
      Educational
      $460,000
      Residential Income
      $505,000
      Energy
      $500,000
      Income-Based Land
      $475,000
      Food Service
      $530,000

    Location Insight

    • Map
    • Local Demand
    City
    La Grande
    County
    Union
    State
    Oregon
    Longitude
    -118.074
    Latitude
    45.3306
    CBSA code
    29260
    CBSA name
    LA GRANDE, OR MICROPOLITAN 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
    $9,207
    $200,320
    $320,290
    $520,610
    -
    $248,770
    $396,910
    $645,680

    Comparable in this City

    • Value Estimation by Request
      1,575 SF

      1110 Adams Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,575 SF
      1110 Adams Ave, La Grande, OR 97850-2606
      View Details
    • Value Estimation
      $330,000
      2,640 SF

      10101 1st St

      RETAIL STORES (PERSONAL SERVICES) • 2,640 SF
      10101 1st St, Island City, OR 97850-8406
      View Details
    • Value Estimation
      $120,000
      4,020 SF

      2102 Adams Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,020 SF
      2102 Adams Ave, La Grande, OR 97850-2922
      View Details
    • Value Estimation by Request
      3,360 SF

      2712 Is Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,360 SF
      2712 Is Ave, La Grande, OR 97850-9415
      View Details
    • Value Estimation by Request
      3,089 SF

      1426 Monroe Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,089 SF
      1426 Monroe Ave, La Grande, OR 97850-3066
      View Details
    • Value Estimation
      $265,000
      5,952 SF

      2901 Spruce St

      RETAIL STORES (PERSONAL SERVICES) • 5,952 SF
      2901 Spruce St, La Grande, OR 97850-3654
      View Details

    Similar Nearby for Sale

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    • New
      $425,000
      9.34 Acres

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      9.34 acres with subdivision potential and utility access.
      Tax Id 19400, La Grande, OR 97850
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    • New
      $135,000
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    2312 Is Ave
    La Grande, OR 97850-3938
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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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