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Property profile & analytics

333 E Main St Hermiston, OR 97838

  • Office Properties & Spaces
  • 3,940 SF
  • 0.21 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US71-0457827
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

  • Hermiston Herald / Media Distribution
  • East Oregonian / Publishing House / Newspaper & Magazine
  • Itzahiana Dalahy Beauty Atelier LLC / Hair Salon / Nail Salon

Property Details for 333 E Main St

Year built
1979
Lot size
0.21 lot acres
Property size
3,940 SF
Zone code
C-1
Property type
Office Properties & Spaces
APN
4N2811CB06500
APU
4N2811CB06500

Description

This exceptional Hermiston office building presents a compelling investment opportunity. Situated at 333 East Main Street, this 3,940 square-foot property boasts a prime location on a 0.21-acre lot in a predominantly commercial area. Built in 1979, the building is currently fully occupied by two tenants, generating consistent income. The convenient access to Highway 395 ensures excellent visibility and accessibility for both tenants and clients. The property's size and location make it ideal for a variety of uses, offering a strong return on investment. The building's current occupancy status provides immediate cash flow, minimizing vacancy risks. This is a rare opportunity to acquire a well-maintained, income-producing office building in a thriving commercial area. The property's strategic location along a busy commercial street offers significant potential for future growth and appreciation. Serious inquiries are encouraged to explore this promising investment opportunity further. Please respect the privacy of the current tenants and refrain from disturbing them during any property viewings. All inquiries should be directed through the appropriate channels.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $680,000
    6.5%
    $625,000
    7%
    $585,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $708,000
    Market price range: $257k - $709k
    AI Estimate
    $617,000
    Market price range: $145k - $691k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Hermiston
County
Umatilla
State
Oregon
Longitude
-119.286
Latitude
45.8408
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
$7,945
$89,150
$279,590
$368,740
-
$74,810
$498,630
$573,440
More about this property
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