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Property profile & analytics
OFF-MARKET
Retail space

47700 Sunset Hwy Banks, OR 97106-7607

1,315 SF 0.57 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US71-1892341
Property summary
AI-generated overview

This exceptional 1,315 square foot commercial property, situated on a 0.57-acre lot at 47700 NW Sunset Hwy in Banks, Oregon, presents a unique investment opportunity. Currently leased to an OLCC-approved dispensary, this property boasts excellent Sunset Highway frontage, ensuring high traffic counts and unparalleled visibility for any business. The existing tenant provides a stable income stream, but the versatile space offers significant potential for a variety of uses. Imagine transforming this location into a vibrant restaurant, a trendy bar, or a collection of retail food carts. The high traffic volume and prominent location make it ideal for attracting a diverse customer base. The property's size and configuration offer flexibility for various business models, allowing for customization to suit specific needs. This is a rare chance to acquire a well-positioned commercial property in a thriving area with significant growth potential. The recent price reduction makes this an even more compelling investment opportunity. Don't miss out on this chance to own a piece of Banks' bustling commercial landscape. Contact us today to schedule a showing and explore the possibilities.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 1,315 SF
Lot 0.57 ac (24,829 SF)
Zoning code R-COM
APN 2N410C0-00703
UPID US71-1892341
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
  • Cream Cannabis (Bike/Boat/Book/etc) Store
  • The Magic Bean Cafe & Coffee Shop
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
M&m Prime Roofing INC · 1 yrs held
M&m Prime Roofing INC
since 2025
Last sale
$44,000
5 recorded transactions
2025
$44,000
2015
$235,000
2006
$150,000
2005
Price N/A
1990
$19,600
Zoning & alternative use
R-COM · Banks, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Zoning Ordinance
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