Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    263 Exchange St Astoria, OR 97103-6142

    • Assisted living facilities
    • 0.78 lot acres
    OFF-MARKET
    Value Estimation
    $1,745,000
    Last Sale
    Nov 20, 2020
    $1,600,000
    Location Intelligence
    Property ID
    US71-1085343
    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

    • Assisted living facilities

    Property Details for 263 Exchange St

    Year built
    1965
    Lot size
    0.78 lot acres
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    80907CD09900
    APU
    80907CD09900

    Description

    This exceptional commercial property at 263 W Exchange St, Astoria, Oregon presents a compelling investment opportunity. Boasting 15,994 square feet on a 1.2-acre lot, this building offers significant potential for income generation. The property's current configuration provides a strong 10.4% capitalization rate, making it an attractive prospect for savvy investors seeking a high return on investment. West-facing rooms showcase breathtaking panoramic views of the Columbia River, the city of Astoria, and the iconic Astoria-Megler Bridge. The interior is described as clean and updated, minimizing immediate capital expenditure needs. The property's substantial size and prime location in Astoria, Oregon, offer versatility for a range of commercial uses. The 1.2-acre lot provides ample space for potential expansion or future development, adding further value to this already impressive asset. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a desirable location with exceptional views. Serious inquiries are encouraged to explore the full potential of this remarkable investment. The asking price is $3,450,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,850,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,535,000
      6.5%
      $1,685,000
      7%
      $1,530,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,590,000
      Geo Method
      $1,375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,585,000
      Retail
      $1,345,000
      Mixed-Use
      $1,310,000
      Hospitality
      $1,360,000
      Educational
      $1,535,000
      Residential Income
      $1,340,000
      Energy
      $1,225,000
      Income-Based Land
      $1,215,000
      Food Service
      $1,560,000

    Location Insight

    • Map
    • Local Demand
    City
    Astoria
    County
    Clatsop
    State
    Oregon
    Longitude
    -123.848
    Latitude
    46.1872
    CBSA code
    11820
    CBSA name
    ASTORIA, 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
    $24,998
    $0.00
    $0.00
    $1,255,743
    -
    $464,220
    $1,176,033
    $1,640,253

    Comparable in this City

    • Value Estimation by Request
      1.12 Acres

      646 16th St

      HOMES (RETIRED, NURSING) • 1.12 Acres
      646 16th St, Astoria, OR 97103-3709
      View Details
    • Value Estimation by Request
      1.20 Acres

      947 Olney Ave

      HOMES (RETIRED, NURSING) • 1.20 Acres
      947 Olney Ave, Astoria, OR 97103-5542
      View Details
    • Value Estimation by Request
      1.19 Acres

      1905 Exchange St

      MEDICAL BUILDING • 1.19 Acres
      1905 Exchange St, Astoria, OR 97103
      View Details
    • Value Estimation by Request
      0.04 Acres

      2120 Exchange St

      MEDICAL BUILDING • 0.04 Acres
      2120 Exchange St, Astoria, OR 97103-3365
      View Details
    • Value Estimation by Request
      0.07 Acres

      2158 Exchange St Ste, Unit 303

      MEDICAL BUILDING • 0.07 Acres
      2158 Exchange St Ste, Astoria, OR 97103-3307
      View Details
    • Value Estimation by Request
      0.25 Acres

      1006 Marine Dr

      DENTAL BUILDING • 0.25 Acres
      1006 Marine Dr, Astoria, OR 97103-5826
      View Details

    Similar Nearby for Sale

    • $115,000

      Astoria Residential Land - $115k

      Prime Residential Lot, Youngs River Views
      92621 Wireless Rd, Astoria, OR 97103
      View Details
    • $3,500,000

      Historic Astoria Hotel with Retail

      Boutique hotel with retail spaces in downtown Astoria, Oregon.
      449 14Th St, Astoria, OR 97103
      View Details
    • Contact for pricing
      2,185 SF

      Premier Astoria Office Building

      Astoria's premier office building in a vibrant downtown location.
      818 Commercial St, Astoria, OR 97103
      View Details
    • $128,000
      0.22 Acres

      Astoria Land with River View

      Centrally located Astoria lot with river view.
      451 6Th St, Astoria, OR 97103
      View Details
    • $79,000
      0.11 Acres

      Astoria Land Overlooking Columbia River

      R3 high-density lot with Columbia River views in Astoria.
      42 W Bond St, Astoria, OR 97103
      View Details
    • $130,000
      0.26 Acres

      Residential Lot in Bella Ridge

      Prime lot with views ready for your dream home.
      16 Bella Rdg Loop, Astoria, OR 97103
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    263 Exchange St
    Astoria, OR 97103-6142
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.