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    435 Evans St Mcminnville, OR 97128-4628

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    435 Evans St Mcminnville, OR 97128-4628


    • Medical Office Space
    • 0.28 lot acres
    Off-Market
    Property ID
    US71-1747668
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Juniper Massage Therapy / Alternative Medicine Practice / Spa & Massage Center
    • Altum Massage / Alternative Medicine Practice / Spa & Massage Center
    • Fifth Corner Academy / Charitable Organization / Social Service Agency
    • Zoticus Law, PC, / Law Firm
    • Cypress Tattoo / Tattoo & Piercing Shop

    Property Details for 435 Evans St

    Lot size
    0.28 lot acres
    Zone code
    C3
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    R4421BC 02400
    APU
    R4421BC02400

    Description

    Exceptional investment opportunity in McMinnville, Oregon. This Class A, three-story office building, totaling 14,638 net rentable square feet, is situated on a 0.276-acre lot (APN 159651) at 435 NE Evans St, 97128. The property, built in 1945 and extensively renovated in 2017, boasts 12 units with 100% occupancy under long-term NNN leases. The building features a modern design incorporating energy-efficient upgrades including new electrical, plumbing, HVAC systems, R-30 ceiling insulation, triple-pane windows, foam wall insulation, steel studs, and 5/8" drywall. The asking price is $5,000,000, translating to $341.58 per square foot. The property is zoned Commercial-3 and currently houses two well-known local tenants occupying the majority of the space. All units will be leased at closing. Tenants share all expenses. This is a clean NNN investment with significant upside potential. The building is a multi-tenant property suitable for executive, medical, and traditional office uses.


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    Location Insight

    • Map
    • Local Demand
    City
    Mcminnville
    County
    Yamhill
    State
    Oregon
    Longitude
    -123.195
    Latitude
    45.2112
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA 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
    $10,689
    $0.00
    $0.00
    $632,382
    -
    $100,525
    $1,231,946
    $1,332,471
    More about this property
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