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    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

    Comparable in this City

    • Value Estimation by Request
      32,891 SF

      600 Nye Ave

      HOTEL/MOTEL • 32,891 SF
      600 Nye Ave, Pendleton, OR 97801-4156
      View Details
    • Value Estimation
      $590,000
      42,960 SF

      103 Ct Ave

      HOTEL/MOTEL • 42,960 SF
      103 Ct Ave, Pendleton, OR 97801-2230
      View Details
    • Value Estimation by Request
      12,000 SF

      205 Dorion Ave

      HOTEL/MOTEL • 12,000 SF
      205 Dorion Ave, Pendleton, OR 97801-2552
      View Details
    • Value Estimation by Request
      26,021 SF

      400 Nye Ave

      HOTEL/MOTEL • 26,021 SF
      400 Nye Ave, Pendleton, OR 97801-4150
      View Details
    • Value Estimation by Request
      1.31 Acres

      601 Nye Ave

      HOTEL/MOTEL • 1.31 Acres
      601 Nye Ave, Pendleton, OR 97801-4157
      View Details
    • Value Estimation by Request
      45,357 SF

      101 Nye Ave

      HOTEL/MOTEL • 45,357 SF
      101 Nye Ave, Pendleton, OR 97801-4134
      View Details

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    325 Nye Ave
    Pendleton, OR 97801-4126
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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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