Individually Owned 
For Sale
Contact for pricing
417 First Ave, Culver, OR 97734
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Property summary
AI-generated overview
This exceptional 5,015-square-foot storefront property presents a rare investment opportunity in the heart of Culver, Oregon. Situated on a highly visible highway location adjacent to a bustling market, this commercial space offers significant potential. The building, constructed in 1946, benefits from recent upgrades including fresh interior and exterior paint, newly installed toilets and vanities in both bathrooms, a modern ductless heating and cooling system, and new cadet wall heaters. The roof has also undergone recent repairs. Currently configured as two units, one owner-occupied and the other leased, this property is zoned C1, allowing for a variety of commercial uses. This prime location and the recent improvements make this a truly unique offering in a desirable market. Don't miss this chance to acquire a well-maintained, high-traffic commercial property in the thriving town of Culver. The property's size and location make it ideal for a variety of retail businesses or potential redevelopment. Its strategic placement ensures high visibility and accessibility for customers. This is a rare opportunity to own a piece of Culver's vibrant commercial landscape.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1946
Total area
5,015 SF
Lot
0.14 ac (6,098 SF)
Zoning code
C1
APN
121318-DA-08300
UPID
US71-1103193
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
-
Clothing & Fashion Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$370k
Owner & transaction history
since 2023
Last sale
$375,000
2 recorded transactions
Zoning & alternative use
C1 · Culver, OR
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$370k
Value range
$333k – $407k
±10% around blend
Estimated value / SF
$74 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
Income certainty
100
$333k
blend $370k
$407k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,015 SF
Lot area
0.14 ac
Year built
1946
APN
121318-DA-08300
Zoning
C1
Assessed value
$78,480
Annual tax
$1,547
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$1,547
Selected cap rate
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$370k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 49 sales
$112
-34%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $74/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.73M
Move the market yield to see immediate price impact.
Value / SF
$344
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$109k
$2.17M
$1.55M
$1.21M
$121k
$2.42M
$1.73M
$1.34M
$133k
$2.66M
$1.90M
$1.48M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,547
Tax year 2023
Assessed value
$78,480
Assessed 2023
Previous assessed
$76,200
+3.0% YoY
Effective rate
1.97%
On assessed value
Land market value
$36,600
Improvement market value
$236,720
Total market value
$273,320
Applied tax rate
151.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1946
Heating
NONE
Total area
5,015 SF
Lot
0.14 ac (6,098 SF)
Zoning code
C1
APN
121318-DA-08300
UPID
US71-1103193
Jurisdiction
JEFFERSON
Zoning & alternative use
C1 · Culver, ORZoning C1 · permitted uses
C1 · Culver, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1946
Heating
NONE
Lot
0.14 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C1
Jurisdiction
Culver, OR
Recorded code
C1
Ownership Intelligence
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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