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    Property profile & analytics

    2520 Stratus Ave Mcminnville, OR 97128-8871

    • Hotels
    • 1.75 lot acres
    OFF-MARKET
    Value Estimation
    $8,915,000
    Last Sale
    Jul 16, 2021
    $8,300,000
    Location Intelligence
    Property ID
    US71-0436151
    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

    • Choice Inn / Hotel
    • Comfort Inn & Suites McMinnville Wine Country / Hotel

    Property Details for 2520 Stratus Ave

    Lot size
    1.75 lot acres
    Zone code
    C
    Property type
    Hotels
    APN
    R4427 00401
    APU
    R442700401

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $9,255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $8,940,000
      6.5%
      $7,630,000
      7%
      $9,020,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,945,000
      Geo Method
      $8,860,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $8,170,000
      Retail
      $9,085,000
      Mixed-Use
      $7,340,000
      Hospitality
      $9,005,000
      Educational
      $9,075,000
      Residential Income
      $7,075,000
      Energy
      $7,165,000
      Income-Based Land
      $7,340,000
      Food Service
      $7,425,000

    Location Insight

    • Map
    • Local Demand
    City
    Mcminnville
    County
    Yamhill
    State
    Oregon
    Longitude
    -123.168
    Latitude
    45.2
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN 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
    $42,906
    $0.00
    $0.00
    $2,538,469
    -
    $1,376,081
    $7,152,586
    $8,528,667

    Comparable in this City

    • Value Estimation by Request
      2.35 Acres

      381 Hwy 99w

      HOTEL-RESORT • 2.35 Acres
      381 Hwy 99w, Mcminnville, OR 97128-3120
      View Details
    • Value Estimation by Request
      1.50 Acres

      2045 Hwy 99w

      HOTEL-RESORT • 1.50 Acres
      2045 Hwy 99w, Mcminnville, OR 97128-8640
      View Details
    • Value Estimation by Request
      1.20 Acres

      2065 Hwy 99w

      HOTEL-RESORT • 1.20 Acres
      2065 Hwy 99w, Mcminnville, OR 97128-8640
      View Details
    • Value Estimation
      $10,470,000
      1.35 Acres

      2535 Cumulus Ave

      HOTEL-RESORT • 1.35 Acres
      2535 Cumulus Ave, Mcminnville, OR 97128-8863
      View Details
    • Value Estimation by Request
      0.19 Acres

      310 Evans St

      BED & BREAKFAST • 0.19 Acres
      310 Evans St, Mcminnville, OR 97128-4605
      View Details
    • Value Estimation by Request
      9.46 Acres

      Grandhaven St

      Land • 9.46 Acres
      0 Grandhaven St, McMinnville, OR 97128
      View Details

    Similar Nearby for Sale

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      Victorian Bed & Breakfast Opportunity

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    • Contact for pricing
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      High-traffic retail space adjacent to Wal-Mart in McMinnville, Oregon.
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      Well-maintained duplex in McMinnville, ideal for multi-generational living.
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      Four bedroom manufactured home with carport, shed, and workshop.
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    Similar Nearby for Lease

    • $28 SF/Yr
      1,400 SF

      Retail Space Available For Lease

      1,400 SF retail space for lease at $28/SF/NNN.
      2275 NE 27Th St, McMinnville, OR 97128
      View Details
    • Contact for pricing
      1 SF

      McMinnville Retail Space For Lease

      Prime McMinnville location, single-tenant retail space.
      1755 Baker St, McMinnville, OR 97128
      View Details
    • $4,200 /Mo
      2,500 SF

      Downtown McMinnville Retail Space

      Retail space in the heart of Historical Downtown McMinnville.
      415 NE 3Rd St, McMinnville, OR 97128
      View Details
    • $2,592 /Mo
      1,296 SF

      Modern Office Suite For Lease

      1296 sq ft office suite in industrial park.
      1535 NE Miller St, McMinnville, OR 97128
      View Details
    • Contact for pricing
      8,620 SF

      McMinnville Office Space Available

      Office space available for rent in McMinnville, Oregon.
      375 SE Norton Ln, McMinnville, OR 97128
      View Details
    • Contact for pricing
      17,272 SF

      McMinnville Retail Space For Lease

      Single tenant building with drive-through in high-traffic McMinnville location.
      448 Highway 99W NE, McMinnville, OR 97128
      View Details

    Property Visit Statistics

    • Visits by month
      2.6k
    • Visitors by month
      1.4k
    • Avg Time on site
      347 min
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    2520 Stratus Ave
    Mcminnville, OR 97128-8871
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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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