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Property profile & analytics
FOR SALE
Auto shops

2761 Baseline St Cornelius, OR 97113

3,989 SF 0.48 ac lot Built 1965
Entity Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US71-0827630
Property summary
AI-generated overview

This exceptional commercial property at 2761 Baseline Street, Cornelius, Oregon (97113) presents a unique investment opportunity. The site encompasses three tax lots (APN: R402594 / R402576 / R402567) offering flexible acquisition options. A potential buyer can purchase the western parcel (one tax lot) totaling 21,344 square feet, or the eastern parcels (two tax lots) encompassing 22,652 square feet of land plus a 3,989-square-foot retail building. The building, constructed in 1960, requires repairs. Alternatively, the entire property, totaling 43,966 square feet, is available for purchase. The property benefits from high visibility, situated along Baseline Street, which boasts an average daily traffic count of 33,200 vehicles. Zoned C2, Cornelius Highway Commercial, permitted uses include service commercial, auto sales/repairs, auto rentals, general office, medical/dental, restaurants, and hospitality. This prime location in Washington County offers significant potential for redevelopment or adaptive reuse. The property's size and zoning provide considerable flexibility for a variety of commercial ventures. This is a rare chance to acquire a high-traffic, versatile commercial property in a thriving Oregon market.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1965
Total area 3,989 SF
Lot 0.48 ac (20,909 SF)
Zoning code C2
APN 1S303AA-00550
UPID US71-0827630
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Hans & Eugene LLC · 11 yrs held
Hans & Eugene LLC
since 2015
5 recorded transactions
2015
$207,500
2015
$207,500
2015
$210,000
2011
$210,000
2005
Price N/A
Zoning & alternative use
C2 · Cornelius, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

ANUFACTURED HOME PARK ZONE (MHP) (§ 18.30.010 - § 18.30.090) Chapter 18.35 MULTI-UNIT RESIDENTIAL ZONE (A-2) (§ 18.35.010 - § 18.35.090) Chapter 18.40 GENERAL COMMERCIAL ZONE (C-1) Chapter 18.45 HIGHWAY COMMERCIAL ZONE (C-2) (§ 18.45.010 - § 18.45.070) Chapter 18.50 CORE COMMERCIAL-EMPLOYMENT DISTRICT (CE) Chapter 18.54 LIGHT INDUSTRIAL ZONE (LI) (§ 18.54.01…

Zone name Highway Commercial
General category COMMERCIAL
Zone area 87.13 ac
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