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Property profile & analytics
OFF-MARKET
Estimated value
$1,195,000
Office Spaces
2851 9th St Corvallis, OR 97330-3898
Entity Owned
3-yr Hold
Free & Clear
Property ID
US71-1885529
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1999
Total area
5,789 SF
Lot
0.37 ac (16,117 SF)
Zoning code
P-AO
APN
11524CB01501
UPID
US71-1885529
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
-
Primerica Insurance Agency
-
Vanguard Realty Group, Inc. Real Estate Agency
-
Union Home Mortgage Loan Service Bank
-
BigML, Inc. Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.20M
Owner & transaction history
Conifer Plaza LLC · 3 yrs held
Conifer Plaza LLC
since 2023
7 recorded transactions
Zoning & alternative use
P-AO · Corvallis, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This zone is intended to establish suitable urban areas for diversified office uses in concentrated centers and in appropriate isolated locations
Zone name
Professional And Administrative Office Zone
General category
UNKNOWN
Zone area
84.86 ac
Source
Realmo
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 Corvallis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corvallis 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.20M
Range $1.08M – $1.31M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$206 / SF
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
$12,025
Tax year 2023
Assessed value
$626,074
Assessed 2023
Previous assessed
$607,839
+3.0% YoY
Effective rate
1.92%
On assessed value
Land market value
$644,680
Improvement market value
$1,227,808
Total market value
$1,872,488
Applied tax rate
901.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1999
Heating
NONE
Stories
1
Total area
5,789 SF
Lot
0.37 ac (16,117 SF)
Zoning code
P-AO
APN
11524CB01501
UPID
US71-1885529
Jurisdiction
BENTON
Zoning & alternative use
P-AO · Corvallis, ORZoning P-AO · permitted uses
P-AO · Corvallis, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This zone is intended to establish suitable urban areas for diversified office uses in concentrated centers and in appropriate isolated locations
Zone name
Professional And Administrative Office Zone
General category
UNKNOWN
Zone area
84.86 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1999
Heating
NONE
Stories
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Conifer Plaza LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2880 7TH MILE LN SE, ALBANY, OR 97322-7168
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2023
—
Conifer Plaza LLC
Brian R Weinhold
Warranty Deed
—
Aug 25, 2020
—
Brian Weinhold
—
Deed
related
$675,000 · Tichinin Holdings LLC
Dec 30, 2016
$750,000
Brian Weinhold
Providence & Kinship I LLC
Warranty Deed
$675,000 · Tichinin Holdings LLC
Feb 4, 2011
—
Jeffrey Earp-thomas
Providence & Kinship I LLC
Grant Deed
related
—
Apr 10, 2003
—
Providence & Kinship LLC
Tichinin,tr
Grant Deed
related
—
Nov 27, 2002
$735,000
Tichinin,tr
Conifer Plaza LLC
Grant Deed
$100,000 · Citizens Federal Bank Fsb
Jun 20, 2000
—
Kmj Investments LLC
James,gilbert L
Grant Deed
related
—
Jun 19, 2000
$660,000
Gilbert L James
King,steven L
Grant Deed
$285,000 · Citizens Federal Bank Fsb
—
—
Brian Weinhold
—
Loan Modification
related
$675,000 · Tichinin Holdings LLC
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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