Back to Search
Property profile & analytics
OFF-MARKET
Retail space
400 Cir Blvd Corvallis, OR 97330-4290
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US71-1907712
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Total area
89,647 SF
Lot
9.06 ac (394,654 SF)
Zoning code
PD(CMU-2)
APN
11526A000300
UPID
US71-1907712
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Spirit Halloween (Bike/Boat/Book/etc) Store
-
Coastal Farm & Ranch (Bike/Boat/Book/etc) Store
-
Sears Appliance Repair Home Appliance Store
-
Corvallis Stem Cell Therapy Treatment Clinic Health Counselor
-
TRTC Testosterone Replacement Therapy Clinic Health Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Coastal Farm Real Estate INC · 6 yrs held
Coastal Farm Real Estate INC
since 2019
7 recorded transactions
Zoning & alternative use
PD(CMU-2) · Corvallis, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Corvallis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corvallis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$156,387
Tax year 2023
Assessed value
$8,556,850
Assessed 2023
Previous assessed
$8,307,621
+3.0% YoY
Effective rate
1.83%
On assessed value
Land market value
$4,735,836
Improvement market value
$5,221,141
Total market value
$9,956,977
Applied tax rate
901.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1990
Heating
NONE
Buildings
2
Stories
1
Total area
89,647 SF
Lot
9.06 ac (394,654 SF)
Zoning code
PD(CMU-2)
APN
11526A000300
UPID
US71-1907712
Jurisdiction
BENTON
Zoning & alternative use
PD(CMU-2) · Corvallis, OR
Zoning PD(CMU-2) · permitted uses
PD(CMU-2) · Corvallis, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Corvallis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Stories
1
Buildings
2
Lot
9.06 ac
Current owner
From public records · entity-resolved
Coastal Farm Real Estate INC
Entity
Mailing address
PO BOX 99, ALBANY, OR 97321-0030
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2019
$6,650,000
Coastal Farm Real Estate INC
Albany Pacific LLC
Grant Deed
—
Jun 6, 2014
$6,000,000
Albany Pacific LLC
Eva Ann Lee III LP
Warranty Deed
$4,600,000 · Eva Ann Lee III LP
Dec 23, 2010
—
Sinclair Louie
Louie 1992 Family Trust
Quit Claim Deed
—
Feb 19, 2009
—
Louie 1992 Family Trust
Louie 1992 Family Trust
Quit Claim Deed
related
—
Jul 22, 2005
$7,100,000
Louie 1992 Trust
Corvallis Circle 99 LLC
Warranty Deed
—
—
—
Albany-pacific LLC
—
Deed Of Trust
related
$298,539 · Mark Family Trust (pt)
—
—
Randall M Cook
—
Deed Of Trust
related
$500,000 · North Valley Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 400 Cir Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
