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    Property profile & analytics

    31080 Hwy 101st S Hebo, OR 97122

    • Grocery and convenience stores
    • 2,705 SF
    • 0.35 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US71-0416859
    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

    • Grocery and convenience stores

    Property Details for 31080 Hwy 101st S

    Year built
    1900
    Lot size
    0.35 lot acres
    Property size
    2,705 SF
    Zone code
    CC
    Property type
    Grocery and convenience stores
    APN
    4S1013-BB-00400
    APU
    4S1013BB00400

    Description

    This exceptional commercial property, located at 31080 Highway 101, Unit 31080, Hebo, Oregon, presents a unique investment opportunity. The 2,750 square foot building sits on a 0.35-acre lot, enjoying a prime location directly off Highway 101 and near the intersection of Highway 22, benefiting from high daily traffic volume exceeding 4,500 vehicles. Its riverfront setting makes it ideally suited for a variety of businesses, particularly those catering to travelers and the local community. The current configuration successfully serves the area's needs, offering essential goods and services such as fishing tackle, household items, prepared food, snacks, and lottery tickets. Recent updates ensure the property is in excellent condition and ready for immediate operation. A significant advantage is the inclusion of a three-bedroom residential unit with a private entrance, providing additional income potential or comfortable owner-occupied living space. The asking price for this turnkey operation is $575,000. This property offers a rare blend of commercial viability and residential convenience, making it an attractive investment for discerning buyers. The high traffic count and strategic location guarantee strong potential for continued success and growth.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $250,000
      6.5%
      $300,000
      7%
      $280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $305,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $260,000
      Retail
      $275,000
      Mixed-Use
      $240,000
      Hospitality
      $235,000
      Educational
      $295,000
      Residential Income
      $325,000
      Energy
      $245,000
      Income-Based Land
      $325,000
      Food Service
      $285,000

    Location Insight

    • Map
    • Local Demand
    City
    Hebo
    County
    Tillamook
    State
    Oregon
    Longitude
    -123.862
    Latitude
    45.2301

    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
    $1,896
    $79,280
    $82,220
    $161,500
    -
    $59,260
    $373,470
    $432,730

    Comparable in this City

    • Value Estimation by Request
      1,659 SF

      31020 Us-101

      Individual retail properties • 1,659 SF
      31020 Us-101, Hebo, OR 97122
      View Details
    • Value Estimation
      $255,000
      1,021 SF

      31145 Hwy 22

      RESTAURANT • 1,021 SF
      31145 Hwy 22, Hebo, OR 97122-9731
      View Details
    • Value Estimation by Request
      864 SF

      Hebo Ln

      INDUSTRIAL (GENERAL) • 864 SF
      Hebo Ln, Hebo, OR 97122
      View Details
    • Value Estimation by Request
      1.16 Acres

      31000 Hwy 101st S

      VACANT COMMERCIAL LAND • 1.16 Acres
      31000 Hwy 101st S, Hebo, OR 97122-8006
      View Details
    • Value Estimation by Request
      480 SF

      Hebo, OR 97122

      COMMERCIAL (GENERAL) • 480 SF
      Hebo, OR 97122
      View Details
    • Value Estimation by Request
      909 SF

      31155 Hwy 101st S

      COMMERCIAL (GENERAL) • 909 SF
      31155 Hwy 101st S, Hebo, OR 97122-9723
      View Details
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    Hebo, OR 97122
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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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