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    Property profile & analytics

    237 1st E Ave Albany, OR 97321

    • Office Properties & Spaces
    • 309 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 19, 2021
    Location Intelligence
    Property ID
    US71-0864605
    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

    • Office Properties & Spaces

    Property Details for 237 1st E Ave

    Year built
    1971
    Lot size
    0.15 lot acres
    Property size
    309 SF
    Property type
    Office Properties & Spaces
    APN
    11S 03W 06CD 05900
    APU
    11S03W06CD05900

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Linn
    State
    Oregon
    Longitude
    -123.103
    Latitude
    44.6379
    CBSA code
    10540
    CBSA name
    ALBANY-LEBANON, 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
    $1,282
    $0.00
    $0.00
    $64,360
    -
    $108,370
    $12,170
    $120,540

    Comparable in this City

    • Value Estimation by Request
      25,986 SF

      321 1st Ave Ne Ste 3b

      OFFICE (GENERAL) • 25,986 SF
      321 1st Ave Ne Ste 3b, Albany, OR 97321-2794
      View Details
    • Value Estimation by Request
      2,010 SF

      433 3rd SE Ave

      OFFICE (GENERAL) • 2,010 SF
      433 3rd SE Ave, Albany, OR 97321-2860
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    • Value Estimation by Request
      5,200 SF

      2120 Pacific SW Blvd

      OFFICE (GENERAL) • 5,200 SF
      2120 Pacific SW Blvd, Albany, OR 97321-3590
      View Details
    • Value Estimation by Request
      8,962 SF

      Albany, OR 97321

      OFFICE (GENERAL) • 8,962 SF
      Albany, OR 97321
      View Details
    • Value Estimation by Request
      2,266 SF

      430 2nd SW Ave

      OFFICE (GENERAL) • 2,266 SF
      430 2nd SW Ave, Albany, OR 97321-2237
      View Details
    • Value Estimation by Request
      8,492 SF

      3513 Pacific Blvd

      Office space • 8,492 SF
      3513 Pacific Blvd, Albany, OR 97321
      View Details

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    Similar Nearby for Lease

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      Versatile space suitable for retail, office, or restaurant use.
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    • $2 SF/Yr
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      Retail Space with Pylon Signage

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      Retail Space in Albany, Oregon

      Retail space available for lease in Albany, Oregon.
      320 Ellsworth St SW, Albany, OR 97321
      View Details
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    237 1st E Ave
    Albany, OR 97321
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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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