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    Property profile & analytics

    340 1st St Gervais, OR 97026-2108

    • Schools
    • 3,584 SF
    • 0.31 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-1557236
    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

    • Schools

    Property Details for 340 1st St

    Year built
    1900
    Lot size
    0.31 lot acres
    Property size
    3,584 SF
    Zone code
    R1
    Property type
    Schools
    APN
    052W26DB05000
    APU
    052W26DB05000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gervais
    County
    Marion
    State
    Oregon
    Longitude
    -122.897
    Latitude
    45.1056
    CBSA code
    41420
    CBSA name
    SALEM, OR METROPOLITAN 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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $82,850
    $408,970
    $491,820

    Comparable in this City

    • Value Estimation by Request
      3,584 SF

      250 1st St

      COLLEGE, UNIVERSITY, VOC SCHOOL • 3,584 SF
      250 1st St, Gervais, OR 97026-2107
      View Details
    • Value Estimation by Request
      1,520 SF

      Gervais, OR 97026

      COLLEGE, UNIVERSITY, VOC SCHOOL • 1,520 SF
      Gervais, OR 97026
      View Details
    • Value Estimation by Request
      16,001 SF

      100 1st St

      COLLEGE, UNIVERSITY, VOC SCHOOL • 16,001 SF
      100 1st St, Gervais, OR 97026-2100
      View Details
    • Value Estimation by Request
      17.26 Acres

      Gervais, OR 97026

      SBE - SPECIAL ASSESSMENTS • 17.26 Acres
      Gervais, OR 97026
      View Details
    • Value Estimation by Request
      21.00 Acres

      Gervais, OR 97026

      SBE - SPECIAL ASSESSMENTS • 21.00 Acres
      Gervais, OR 97026
      View Details
    • Value Estimation by Request
      19.50 Acres

      5431 Concomly NE Rd

      SBE - SPECIAL ASSESSMENTS • 19.50 Acres
      5431 Concomly NE Rd, Gervais, OR 97026-9714
      View Details

    Similar Nearby for Sale

    • $265,000

      Land Adjacent to State Park

      Building lot near Willamette River with park access.
      1 Matheny Rd, Gervais, OR 97026
      View Details
    • $3,500,000
      12,000 SF

      New Mixed-Use Building in Gervais

      New apartments and retail spaces in downtown Gervais, Oregon.
      600 4Th St, Gervais, OR 97026
      View Details
    • New
      $890,000
      6.94 Acres

      Gervais, OR Light Industrial Land

      6.94 acres of light industrial land in Gervais, Oregon.
      Checkerboard Rd NE, Gervais, OR 97026
      View Details
    • $3,500,000
      0.46 Acres

      New Mixed-Use Investment Opportunity

      New apartments and retail spaces in downtown Gervais, Oregon.
      600 4Th St, Gervais, OR 97026
      View Details
    • $3,149,000
      211.00 Acres

      Willamette Valley Riverfront Farm

      Prime Agricultural Land, 211 Acres
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      View Details
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    Gervais, OR 97026-2108
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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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