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    Property profile & analytics

    271 Main St Hermiston, OR 97838-1839

    • Retail space
    • 4,500 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $130,000
    Last Sale
    May 04, 2022
    $100,000
    Location Intelligence
    Property ID
    US71-0583692
    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

    • Jon Thacker American Family Insurance / Insurance Agency
    • American Family Insurance / Insurance Company

    Property Details for 271 Main St

    Year built
    1946
    Lot size
    0.14 lot acres
    Property size
    4,500 SF
    Zone code
    C-1
    Property type
    Retail space
    APN
    4N2811CB05300
    APU
    4N2811CB05300

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hermiston
    County
    Umatilla
    State
    Oregon
    Longitude
    -119.287
    Latitude
    45.8408
    CBSA code
    25840
    CBSA name
    HERMISTON-PENDLETON, 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
    $4,554
    $67,700
    $143,640
    $211,340
    -
    $51,870
    $320,840
    $372,710

    Comparable in this City

    • Value Estimation by Request
      101,854 SF

      300 Harper Rd

      RETAIL STORES (PERSONAL SERVICES) • 101,854 SF
      300 Harper Rd, Hermiston, OR 97838-1058
      View Details
    • Value Estimation
      $95,000
      2,976 SF

      805 1st St

      RETAIL STORES (PERSONAL SERVICES) • 2,976 SF
      805 1st St, Hermiston, OR 97838-2307
      View Details
    • Value Estimation
      $355,000
      10,560 SF

      211 Hermiston Ave

      RETAIL STORES (PERSONAL SERVICES) • 10,560 SF
      211 Hermiston Ave, Hermiston, OR 97838
      View Details
    • Value Estimation
      $430,000
      16,120 SF

      80866 Hwy 395

      RETAIL STORES (PERSONAL SERVICES) • 16,120 SF
      80866 Hwy 395, Hermiston, OR 97838-9315
      View Details
    • Value Estimation
      $235,000
      2,989 SF

      190 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,989 SF
      190 Main St, Hermiston, OR 97838-1838
      View Details
    • Value Estimation
      $260,000
      6,100 SF

      218 Main St

      RETAIL STORES (PERSONAL SERVICES) • 6,100 SF
      218 Main St, Hermiston, OR 97838-1840
      View Details

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    Similar Nearby for Lease

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      6,773 SF

      Hermiston Retail Space For Lease

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      Hermiston Office Space: 1,304 SF Available

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    271 Main St
    Hermiston, OR 97838-1839
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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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