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Property profile & analytics
OFF-MARKET
Estimated value
$2,025,000
Medical Office Space
2420 Professional Dr Corvallis, OR 97330-3990
Entity Owned
Free & Clear
Property ID
US71-0497658
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1990
Total area
12,257 SF
Lot
1.14 ac (49,658 SF)
Zoning code
PD(P-AO)
APN
11527AB04700
UPID
US71-0497658
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Willamette Dental Group - Corvallis Dental Office
-
Ryan S Mott, DDS Dental Office
-
Amity M Wrolstad, DMD Dental Office
-
Dinesh K Reddy, DMD, MS Dental Office
-
Home Life, Inc. Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.03M
Owner & transaction history
Ralls Resources INC
Ralls Resources INC
since 2025
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
PD(P-AO) · Corvallis, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Corvallis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corvallis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,805,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$2.03M
Range $1.82M – $2.23M · ±10% · vs last sale $2.03M (Jul 14 2025)
Last sale anchor
$2.03M
Jul 14 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$165 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$46,457
Tax year 2023
Assessed value
$2,418,756
Assessed 2023
Previous assessed
$2,348,307
+3.0% YoY
Effective rate
1.92%
On assessed value
Land market value
$1,638,714
Improvement market value
$3,532,706
Total market value
$5,171,420
Applied tax rate
901.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
1990
Heating
NONE
Stories
1
Total area
12,257 SF
Lot
1.14 ac (49,658 SF)
Zoning code
PD(P-AO)
APN
11527AB04700
UPID
US71-0497658
Jurisdiction
BENTON
Zoning & alternative use
PD(P-AO) · Corvallis, ORZoning PD(P-AO) · permitted uses
PD(P-AO) · Corvallis, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.8M
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Stories
1
Lot
1.14 ac
Current owner
From public records · entity-resolved
Ralls Resources INC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 1818, EUGENE, OR 97440-1818
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2025
$2,025,000
Ralls Resources INC
Parkside Investments LLC
Warranty Deed
—
Dec 7, 2009
—
Parkside Investments LLC
Roberts Jacqueline Trust
Grant Deed
—
Apr 29, 2009
—
Susan L Mcdonald
Roberts Laura J Trust
Grant Deed
related
—
Apr 25, 2008
$2,790,000
Parkside LP II
Schwartz & Fujii LLC
Warranty Deed
related
—
Apr 15, 2008
—
Schwartz & Fujii LLC
Schwartz & Fujii LLC
Quit Claim Deed
—
May 13, 2005
—
Westcott David R Trust
Westcott,david R
Quit Claim Deed
related
—
Aug 23, 2001
—
Schwartz & Fujii LLC
—
Deed Of Trust
related
$3,000,000 · M & T Real Estate INC
May 15, 1998
—
Schwartz & Fuji LLC
—
Deed Of Trust
related
$2,525,000 · Key Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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