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    OFF-MARKET
    Commercial land

    4825 Research Way, Corvallis, OR 97333-1099

    1.24 ac lot
    Individually Owned 14-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US71-0805782
    Property summary
    AI-generated overview

    This newly constructed, 8,000-square-foot retail building in Corvallis, Oregon, presents a fantastic opportunity for businesses seeking a high-visibility location. Situated in a thriving business corridor near Oregon State University, the property boasts excellent access to major roads and public transportation, ensuring convenient commutes for employees and clients. The single-story building, constructed in 2023, features four suites, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 8,000 square feet. Currently, 4,000 square feet is available. Ample on-site parking with 16 spaces is provided for tenants and visitors. The property is zoned CMU-2 and offers flexible floor plans suitable for a variety of uses, including restaurants, retail shops, or professional services. Its prime location near Oregon State University and convenient access to amenities ensures high foot traffic and visibility. The building is professionally managed and well-maintained, providing a clean and professional environment for businesses to thrive. This Class B property offers a unique chance to establish a presence in a dynamic and growing area. The APN is 12504CD00200. Don't miss this chance to secure your ideal commercial space in Corvallis.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 1.24 ac (54,014 SF)
    Zoning code CMU-2
    APN 12504CD00200
    UPID US71-0805782
    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
    • Taco Bell Restaurant Take-out & Catering
    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
    Benton Habitat For Humanity · 14 yrs held
    Benton Habitat For Humanity
    since 2012
    5 recorded transactions
    2012
    $1.2M
    2002
    1996
    $8,570
    1996
    $68,570
    1969
    Zoning & alternative use
    CMU-2 · Corvallis, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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