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    Property profile & analytics

    4851 Main St Springfield, OR 97478-6057

    • Commercial real estate
    • 2.20 lot acres
    OFF-MARKET
    Value Estimation
    $5,665,000
    Last Sale
    Dec 31, 2024
    $5,727,200
    Location Intelligence
    Property ID
    US71-1367817
    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.

    Current Use by Public Records

    • Woodside Senior Living / Assisted Living Facility / Retirement Community
    • Brookdale / Apartment Complex

    Property Details for 4851 Main St

    Lot size
    2.20 lot acres
    Zone code
    HD-HIGH DENSITY RES
    Property type
    Commercial real estate
    APN
    17-02-32-00-00901-000
    APU
    1702320000901000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,725,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,315,000
      6.5%
      $5,895,000
      7%
      $5,325,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,225,000
      Geo Method
      $5,315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,540,000
      Retail
      $6,105,000
      Mixed-Use
      $5,615,000
      Hospitality
      $5,025,000
      Educational
      $6,135,000
      Residential Income
      $4,825,000
      Energy
      $5,795,000
      Income-Based Land
      $5,650,000
      Food Service
      $5,765,000

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Lane
    State
    Oregon
    Longitude
    -122.949
    Latitude
    44.0452
    CBSA code
    21660
    CBSA name
    EUGENE-SPRINGFIELD, OR 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
    $83,756
    $0.00
    $0.00
    $4,570,517
    -
    $1,088,282
    $10,174,748
    $11,263,030

    Comparable in this City

    • Value Estimation by Request

      6566 Thurston Rd

      COMMERCIAL (GENERAL)
      6566 Thurston Rd, Springfield, OR 97478-7059
      View Details
    • Value Estimation by Request
      18.70 Acres

      6100 Thurston Rd

      COMMERCIAL (GENERAL) • 18.70 Acres
      6100 Thurston Rd, Springfield, OR 97478-6955
      View Details
    • Value Estimation by Request

      359 42nd St

      COMMERCIAL (GENERAL)
      359 42nd St, Springfield, OR 97478-5999
      View Details
    • Value Estimation by Request
      1.77 Acres

      332 58th St

      COMMERCIAL (GENERAL) • 1.77 Acres
      332 58th St, Springfield, OR 97478-6958
      View Details
    • Value Estimation by Request
      9.23 Acres

      935 Filbert Ln

      COMMERCIAL (GENERAL) • 9.23 Acres
      935 Filbert Ln, Springfield, OR 97478-6508
      View Details
    • Value Estimation by Request
      0.16 Acres

      5259 Main St

      COMMERCIAL (GENERAL) • 0.16 Acres
      5259 Main St, Springfield, OR 97478
      View Details

    Similar Nearby for Sale

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      Prime Oregon industrial land, ready to develop.
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    Similar Nearby for Lease

    • $10 SF/Yr
      3,300 SF

      Springfield Warehouse Space Available

      3,300 SF warehouse space for lease in Springfield, Oregon.
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    • $0.90 SF/Yr
      17,000 SF

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      17,000 SF industrial space available for lease.
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      View Details
    • $10 SF/Yr
      7,998 SF

      Highbanks Business Park Flex Space

      Class A flex space, I-105 & I-5 access.
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      View Details
    • Contact for pricing

      Springfield Shopping Center Retail Space

      Retail spaces available in a busy Springfield shopping center.
      4223 Main St, Springfield, OR 97478
      View Details
    • $19 SF/Yr
      3,200 SF

      Springfield Retail Space Available

      Retail property available for lease in Springfield, Oregon.
      5414-5415 Main St, Springfield, OR 97478
      View Details
    • $0.50 SF/Yr
      11,546 SF

      Springfield Flex Space For Rent

      Flex space and industrial property available for lease in Springfield.
      3400 Main St, Springfield, OR 97478
      View Details
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    4851 Main St
    Springfield, OR 97478-6057
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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