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    Property profile & analytics

    509 1st St Adrian, OR 97901-5030

    • Turn key restaurants
    • 160 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 08, 2024
    $20,000
    Location Intelligence
    Property ID
    US71-1028542
    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

    • Turn key restaurants

    Property Details for 509 1st St

    Year built
    2019
    Lot size
    0.28 lot acres
    Property size
    160 SF
    Zone code
    A-C
    Property type
    Turn key restaurants
    APN
    21S4614CC 1200
    APU
    21S4614CC1200

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Adrian
    County
    Malheur
    State
    Oregon
    Longitude
    -117.072
    Latitude
    43.7399
    CBSA code
    36620
    CBSA name
    ONTARIO, OR-ID MICROPOLITAN 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
    $424
    $12,992
    $15,975
    $28,967
    -
    $25,590
    $35,530
    $61,120

    Comparable in this City

    • Value Estimation
      $140,000
      4,587 SF

      605 1st St

      RESTAURANT • 4,587 SF
      605 1st St, Adrian, OR 97901-5033
      View Details
    • Value Estimation
      $330,000
      7,860 SF

      603 1st St

      RETAIL STORES (PERSONAL SERVICES) • 7,860 SF
      603 1st St, Adrian, OR 97901-5033
      View Details
    • Value Estimation by Request
      1,904 SF

      707 1st St

      RETAIL STORES (PERSONAL SERVICES) • 1,904 SF
      707 1st St, Adrian, OR 97901-5034
      View Details
    • Value Estimation by Request
      1,750 SF

      503 1st Sta

      RETAIL STORES (PERSONAL SERVICES) • 1,750 SF
      503 1st Sta, Adrian, OR 97901-5030
      View Details
    • Value Estimation by Request
      5,400 SF

      103 Washington St

      COMMERCIAL (GENERAL) • 5,400 SF
      103 Washington St, Adrian, OR 97901-5073
      View Details
    • Value Estimation by Request
      621 SF

      105 Oregon St

      COMMERCIAL (GENERAL) • 621 SF
      105 Oregon St, Adrian, OR 97901-5099
      View Details
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    509 1st St
    Adrian, OR 97901-5030
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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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