Technical
Financial
Distress signals
Property profile

450 Pacific N Ave Monmouth, OR 97361

OFF-MARKET
Office buildings
Property ID
US71-0489120
11,682 SF 1.83 ac lot Built 2000
Entity Owned 12-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2000
Total area 11,682 SF
Lot 1.83 ac (79,715 SF)
Zoning code CO
APN 08430-BB-14000
UPID US71-0489120

Cap rate & NOI

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

Location

450 Pacific N Ave Monmouth, OR 97361-1506
Monmouth metro Census 20304 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.64M
Comparable Approach Comparable
$3.38M
Blend (final) Blend
$2.73M

Owner & transaction history

since 2013
5 recorded transactions
2013
$1.7M
2008
$1.4M
2005
$79,200
2005
Price N/A
2004
$200,257

Zoning & alternative use

CO · Monmouth, OR
Zoning description

CO Zone. The purpose of the commercial office (CO) zone is to define and protect areas suitable for offices and businesses providing personal and professional services. (2) CH Zone. The purpose of the commercial highway…

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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