Property profile

321 Hwy 20 Toledo, OR 97391

OFF-MARKET
Retail space
Property ID
US71-0436356
1,430 SF 0.13 ac lot Built 1977
Individually Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This versatile commercial property, located at 321 NE Hwy 20 in Toledo, Oregon, presents a unique investment opportunity. The 1,430 square foot building, constructed in 1977, sits on a 5,662.8 square foot lot and offers excellent highway frontage visibility on the Hwy 20 Business Loop. The interior features multiple offices, a file room, a break room, a welcoming front entry area, and two half-bathrooms. The building benefits from ample parking directly in front. A centrally located ductless heat pump system provides efficient heating and cooling. This property's strategic location offers significant advantages, situated directly across the street from the future Toledo City Hall, ensuring high visibility and convenient access. The asking price for this multi-use building is $249,000. The property's classification includes Land, Office, Commercial, Traditional Office, and Specialty Services, making it suitable for a variety of business types. Its prime location and functional layout make it an attractive option for businesses seeking a well-established presence in Toledo, Oregon. The zip code is 97391.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1977
Total area 1,430 SF
Lot 0.13 ac (5,663 SF)
Zoning code C;COMMERCIAL
APN 11-10-17-BA-01700-00
UPID US71-0436356

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Accounting Firm Tax Preparation

Location

321 Hwy 20 Toledo, OR 97391-1433
Toledo metro Census 951400 NEWPORT, OR MICROPOLITAN STATISTICAL AREA
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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
$205k

Owner & transaction history

since 2025
Last sale
$220,000
5 recorded transactions
2025
$220,000
2019
Price N/A
2017
$165,000
2017
Price N/A
1969
Price N/A

Zoning & alternative use

C;COMMERCIAL · Toledo, OR

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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