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Property profile & analytics
OFF-MARKET
Commercial real estate
264 6th Ave, Junction City, OR 97448-1606
Individually Owned
1-yr Hold
Free & Clear
Property ID
US71-0536843
Property summary
AI-generated overview
Prime Junction City retail storefront, totaling 5,310 square feet, situated at 264 W 6th Ave. This two-story building, constructed in 1956, boasts a newer roof, furnace, siding, and paint. The property sits on a 0.08-acre lot and is zoned C2, offering versatile commercial use. Currently operating at 100% occupancy with a long-term tenant paying $2,500 triple net, the property presents a strong investment opportunity with a 6.67% cap rate and a net operating income (NOI) of $30,000. The open floor plan provides ample space for various retail uses. Its central location in downtown Junction City, next to U.S. Bank, ensures high visibility and foot traffic, particularly during the annual Scandinavian Festival. The property's APN is 0012714. This is an exceptional opportunity for owner-operators or investors seeking a stable, high-performing asset in a thriving Oregon community.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.08 ac (3,485 SF)
Zoning code
C2-CENTRAL COMMERCIAL
APN
15-04-32-31-07300-000
UPID
US71-0536843
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
-
Savage Comics (Bike/Boat/Book/etc) Store Newspaper & Magazine
-
The Courtyard on Sixth Home Decor Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bradley D O'connell · 1 yrs held
Bradley D O'connell
since 2025
Last sale
$435,000
5 recorded transactions
Zoning & alternative use
C2-CENTRAL COMMERCIAL · Junction City, 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 Junction City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Junction City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,239
Tax year 2023
Assessed value
$191,374
Assessed 2023
Previous assessed
$185,800
+3.0% YoY
Effective rate
1.69%
On assessed value
Land market value
$90,057
Improvement market value
$321,257
Total market value
$411,314
Applied tax rate
6,900.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
0.08 ac (3,485 SF)
Zoning code
C2-CENTRAL COMMERCIAL
APN
15-04-32-31-07300-000
UPID
US71-0536843
Jurisdiction
LANE
Zoning & alternative use
C2-CENTRAL COMMERCIAL · Junction City, OR
Zoning C2-CENTRAL COMMERCIAL · permitted uses
C2-CENTRAL COMMERCIAL · Junction City, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Junction City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.08 ac
Current owner
From public records · entity-resolved
Bradley D O'connell
Individual
Free & Clear · 1 yrs held
Mailing address
16811 CORAL CAY LN, HUNTINGTON BEACH, CA 92649-2908
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2025
$435,000
Bradley D O'connell
John P Gambee
Warranty Deed
—
May 20, 2019
—
John P Gambee
—
Deed
related
$50,000 · Sandland Paul Trust (rt)
Jun 28, 2016
$150,000
John P Gambee
Strauss Living Trust
Warranty Deed
$150,000 · Sandland Paul Trust (pt)
Dec 19, 2005
$245,000
Patrick R Monroe
Eason,deborah L
Warranty Deed
$215,000 · Strauss Trust (tr)
—
—
John P Gambee
—
Deed Of Trust
related
$50,000 · Sandland Paul Trust (rt)
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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