2405 3Rd St Tillamook, OR 97141
Property Lookup
Property profile & analytics
2405 3Rd St Tillamook, OR 97141
- Banks
- 4,352 SF
- 0.46 lot acres
Property ID
US71-1926284
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.
Location Intelligence
Current Use by Public Records
- Banks
Property Details for 2405 3Rd St
- Year built
- 1974
- Lot size
- 0.46 lot acres
- Property size
- 4,352 SF
- Zone code
- TM-C-C
- Property type
- Banks
- APN
- 1S0930-CB-00200
- APU
- 1S0930CB00200
Description
This exceptional investment opportunity presents a Class A, 5,297 square foot freestanding bank building located at 2405 3rd St, Tillamook, OR 97141. The property, situated on a 0.46-acre lot (20,021 sq ft), boasts ample parking and convenient access, positioned advantageously between Highways 6 and 101. Currently occupied by Umpqua Bank at 100% occupancy under a NNN lease with five years remaining, this single-tenant building offers a stable and predictable income stream. The asking price is $1,225,000, translating to $231.26 per square foot. Built in 1974, the building is well-maintained, featuring recent upgrades to the drive-thru awning and exterior. The property is zoned TMCC and comprises a single, one-story building. This is a rare chance to acquire a high-quality, single-tenant investment property in a desirable location with a strong tenant and a long-term lease. The building's excellent condition and strategic location make it an attractive investment for discerning buyers seeking a stable and appreciating asset. Please note that the current operator should not be disturbed.
Value Estimations
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Tillamook
- County
- Tillamook
- State
- Oregon
- Longitude
- -123.84
- Latitude
- 45.4559
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
$7,274
$211,020
$396,500
$607,520
-
$175,170
$748,370
$923,540
