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    OFF-MARKET
    Grocery and convenience stores

    31080 Hwy 101st S, Hebo, OR 97122

    2,705 SF 0.35 ac lot Built 1900
    Individually Owned 19-yr Hold ~ Est. High Equity
    Property ID
    US71-0416859
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    Year built 1900
    Total area 2,705 SF
    Lot 0.35 ac (15,246 SF)
    Zoning code CC
    APN 4S1013-BB-00400
    UPID US71-0416859
    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
    by Request
    Owner & transaction history
    Donna D Lane · 19 yrs held
    Donna D Lane
    since 2006
    3 recorded transactions
    2006
    $320,000
    1969
    1969
    Zoning & alternative use
    CC · Hebo, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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