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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Medical Office Space
2434 Professional Dr Corvallis, OR 97330-3991
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US71-0400970
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1998
Total area
3,609 SF
Lot
0.12 ac (5,227 SF)
Zoning code
PD(P-AO)
APN
11527AB09600
UPID
US71-0400970
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
-
Paventy & Brown Orthodontics - Corvallis Dental Office
-
Dr. Paventy Dental Office
-
Paventy & Brown Orthodontics Dental Office
-
Dr. Brett Brown Dental Office
-
Anthony Paventy Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$945k
Owner & transaction history
Brown Paventy Properties LLC · 4 yrs held
Brown Paventy Properties LLC
since 2022
Last sale
$945,000
5 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
$955,000
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)
$825,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10% · vs last sale $945k (Apr 28 2022)
Last sale anchor
$945k
Apr 28 2022
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
$262 / 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
$8,425
Tax year 2023
Assessed value
$438,631
Assessed 2023
Previous assessed
$425,855
+3.0% YoY
Effective rate
1.92%
On assessed value
Land market value
$172,491
Improvement market value
$979,726
Total market value
$1,152,217
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
MEDICAL BUILDING
Status
Off-Market
Year built
1998
Heating
NONE
Stories
1
Total area
3,609 SF
Lot
0.12 ac (5,227 SF)
Zoning code
PD(P-AO)
APN
11527AB09600
UPID
US71-0400970
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
$825,000
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
1998
Heating
NONE
Stories
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Brown Paventy Properties LLC
Entity
Mailing address
2434 NW PROFESSIONAL DR, CORVALLIS, OR 97330-3991
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2022
—
Brown Paventy Properties LLC
Paventy Properties LLC
Intrafamily Transfer
related
$1,038,750 · Citizens Bank
Dec 23, 2016
$945,000
Paventy Properties LLC
Sheets Family Property LLC
Grant Deed
$745,000 · Sheets Family Property LLC
Sep 18, 2007
—
Sheets Family Property LLC
Sheets,michael W & Elene
Quit Claim Deed
—
Jul 12, 1995
$75,000
Michael W Sheets
Duncan,ian & Teresa
Grant Deed
—
—
—
Michael W Sheets
—
Deed Of Trust
related
$316,000 · Citizens Federal Bank Fsb
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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