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    Property profile & analytics

    363 Main St Union, OR 97883-9474

    • Retail space
    • 1,392 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $500,000
    Last Sale
    Dec 19, 2022
    $500,000
    Location Intelligence
    Property ID
    US71-1359789
    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

    • Gravy Dave's / American Restaurant
    • Gravy Dave's cafe / Brunch Restaurant
    • Falk's Mini Mart / Convenience Store / Gas Station
    • Sinclair Gas Station / Gas Station / Convenience Store
    • Union Food Mart / Convenience Store

    Property Details for 363 Main St

    Year built
    1935
    Lot size
    0.24 lot acres
    Property size
    1,392 SF
    Zone code
    UN-C1;GENERAL COMMERCIAL
    Property type
    Retail space
    APN
    04S4018CD 3401
    APU
    04S4018CD3401

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $520,000

    • CAP approach

      CAP return
      Estimation
      6%
      $460,000
      6.5%
      $505,000
      7%
      $445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $405,000
      Geo Method
      $435,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $455,000
      Retail
      $500,000
      Mixed-Use
      $440,000
      Hospitality
      $500,000
      Educational
      $540,000
      Residential Income
      $550,000
      Energy
      $435,000
      Income-Based Land
      $405,000
      Food Service
      $555,000

    Location Insight

    • Map
    • Local Demand
    City
    Union
    County
    Union
    State
    Oregon
    Longitude
    -117.865
    Latitude
    45.211
    CBSA code
    29260
    CBSA name
    LA GRANDE, 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
    $2,561
    $23,220
    $180,350
    $203,570
    -
    $33,020
    $267,400
    $300,420

    Comparable in this City

    • Value Estimation by Request
      692 SF

      265 Main St

      RETAIL STORES (PERSONAL SERVICES) • 692 SF
      265 Main St, Union, OR 97883-8902
      View Details
    • Value Estimation
      $390,000
      3,430 SF

      105 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,430 SF
      105 Main St, Union, OR 97883-8905
      View Details
    • Value Estimation by Request
      2,485 SF

      153 Electric St

      RETAIL STORES (PERSONAL SERVICES) • 2,485 SF
      153 Electric St, Union, OR 97883-9539
      View Details
    • Value Estimation by Request
      4,456 SF

      101 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,456 SF
      101 Main St, Union, OR 97883
      View Details
    • Value Estimation by Request
      348 SF

      251 Main St

      RETAIL STORES (PERSONAL SERVICES) • 348 SF
      251 Main St, Union, OR 97883-8902
      View Details
    • Value Estimation by Request
      3,120 SF

      241 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,120 SF
      241 Main St, Union, OR 97883-8902
      View Details

    Similar Nearby for Sale

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      5,000 SF

      Union, Oregon Commercial Opportunity

      Hardware store with espresso shop, liquor store, garden center, and apartment.
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    • $150,000
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      Profitable Turn-Key Drive-In Diner

      Successful drive-in diner for sale in Union, Oregon.
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    • $1,850,000
      1,267.00 Acres

      Majestic Recreational Land in Union

      Secluded 1270+/- acre recreational paradise with cabin and barn.
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    363 Main St
    Union, OR 97883-9474
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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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