Property profile

488 Ellendale Ave Ste 1 Dallas, OR 97338

OFF-MARKET
Office buildings
Property ID
US71-0688568
6,522 SF 0.56 ac lot Built 1983
Trust Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1983
Total area 6,522 SF
Lot 0.56 ac (24,394 SF)
Zoning code CG
APN 07528-DB-03000
UPID US71-0688568

Cap rate & NOI

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

Location

488 Ellendale Ave Ste, Unit 1 Dallas, OR 97338-3133
Dallas metro Census 20202 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$968k
Blend (final) Blend
$315k

Owner & transaction history

since 2016
1 recorded transaction
2016
$400,000

Zoning & alternative use

CG · Dallas, OR
Zoning description

This district applies to commercial areas outside or adjacent to the central business area. It provides opportunities for a mix of community-oriented businesses such as grocery stores, and restaurants, highway oriented c…

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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