Property profile

389 Hermiston Ave Hermiston, OR 97838

OFF-MARKET
Office Spaces
Property ID
US71-0512683
3,276 SF 0.27 ac lot Built 1989
Individually Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1989
Total area 3,276 SF
Lot 0.27 ac (11,550 SF)
Zoning code C-1
APN 4N2810DA06200
UPID US71-0512683

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Accounting Firm Tax Preparation

Location

389 Hermiston Ave Hermiston, OR 97838-1715
Hermiston metro Census 951000 HERMISTON-PENDLETON, OR MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$520k
Comparable Approach Comparable
$589k
Blend (final) Blend
$280k

Owner & transaction history

since 2012
1 recorded transaction
2012
$320,000

Zoning & alternative use

C-1 · Hermiston, OR
Zoning description

(R-2). § 157.027 MEDIUM-HIGH DENSITY RESIDENTIAL ZONE (R-3). § 157.028 MULTI-STRUCTURE RESIDENTIAL ZONE (R-4). § 157.029 RECREATIONAL RESIDENTIAL ZONE (RR). Article IV COMMERCIAL ZONES § 157.040 CENTRAL COMMERCIAL ZONE (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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