Technical
Financial
Distress signals
Property profile

505 1st Pl Hermiston, OR 97838

OFF-MARKET
Office Spaces
Property ID
US71-0433718
1,674 SF 0.45 ac lot Built 1969
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1969
Total area 1,674 SF
Lot 0.45 ac (19,602 SF)
Zoning code M-1
APN 4N2810AD04100
UPID US71-0433718

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Employment Agency

Location

505 1st Pl Hermiston, OR 97838-1292
Hermiston metro Census 951000 HERMISTON-PENDLETON, OR MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Zoning & alternative use

M-1 · Hermiston, OR
Zoning description

L ZONE (C-1). § 157.041 OUTLYING COMMERCIAL ZONE (C-2). § 157.042 DOWNTOWN COMMERCIAL OVERLAY ZONE (DCO). § 157.043 NEIGHBORHOOD COMMERCIAL OVERLAY ZONE (NCO). Article V INDUSTRIAL ZONES § 157.055 LIGHT INDUSTRIAL ZONE (…

General category INDUSTRIAL

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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