31080 Hwy 101st S, Hebo, OR 97122
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
CC · Hebo, ORHebo. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.