Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

325 Nye Ave Pendleton, OR 97801-4126

  • Hotels
  • 25,230 SF
  • 1.70 lot acres
OFF-MARKET
Value Estimation
$3,360,000
Last Sale
Mar 31, 2022
$3,300,000
Location Intelligence
Property ID
US71-0433182
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

  • Hotels

Property Details for 325 Nye Ave

Year built
1980
Lot size
1.70 lot acres
Property size
25,230 SF
Zone code
C-2
Property type
Hotels
Property subtype
Motels
APN
2N3211C000200
APU
2N3211C000200

Description

This exceptional investment opportunity presents a 92-key Motel 6 located at 325 SE Nye Ave, Pendleton, Oregon. Built in 1980, this two-story, Class-B property sits on two acres and offers a compelling return with a Net Operating Income (NOI) of $363,404 and a 7.12% capitalization rate. The asking price is $5,100,000. The motel features 92 rooms, each equipped with one or two queen beds, and amenities include public Wi-Fi and an outdoor pool. Pet-friendly and accommodating to service animals, the property benefits from its strategic location near downtown Pendleton, the Umatilla River, and the Pendleton Round-Up Stadium. Its proximity to attractions like the Wildhorse Resort & Casino and the Tamástslikt Cultural Institute, along with the Pendleton Woolen Mills, ensures a consistent stream of travelers. This established hospitality business presents a strong investment opportunity in a vibrant Oregon community. The property's APN is 2N3211C000200. This is a rare chance to acquire a well-positioned motel with significant income potential.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $3,335,000
  • CAP approach

    CAP return
    Estimation
    6%
    $3,580,000
    6.5%
    $3,430,000
    7%
    $3,170,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $3,055,000
    Geo Method
    $3,320,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $3,495,000
    Retail
    $3,940,000
    Mixed-Use
    $3,455,000
    Hospitality
    $3,780,000
    Educational
    $4,020,000
    Residential Income
    $4,235,000
    Energy
    $3,995,000
    Income-Based Land
    $3,285,000
    Food Service
    $3,785,000

Location Insight

  • Map
  • Local Demand
City
Pendleton
County
Umatilla
State
Oregon
Longitude
-118.775
Latitude
45.6627
CBSA code
25840
CBSA name
HERMISTON-PENDLETON, OR MICROPOLITAN STATISTICAL AREA

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
$27,831
$376,000
$1,118,730
$1,494,730
-
$384,690
$1,687,950
$2,072,640
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message