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    Property profile & analytics

    516 Main Ave Tillamook, OR 97141-3543

    • Investment properties
    • 2,425 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $495,000
    Last Sale
    Aug 23, 2024
    $500,000
    Location Intelligence
    Property ID
    US71-0396831
    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

    • Investment properties

    Property Details for 516 Main Ave

    Year built
    1910
    Lot size
    0.12 lot acres
    Property size
    2,425 SF
    Zone code
    TM-C-C
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    1S1025-DA-07000
    APU
    1S1025DA07000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $500,000

    • CAP approach

      CAP return
      Estimation
      6%
      $495,000
      6.5%
      $500,000
      7%
      $465,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $440,000
      Geo Method
      $470,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $500,000
      Retail
      $515,000
      Mixed-Use
      $595,000
      Hospitality
      $440,000
      Educational
      $585,000
      Residential Income
      $435,000
      Energy
      $480,000
      Income-Based Land
      $440,000
      Food Service
      $445,000

    Location Insight

    • Map
    • Local Demand
    City
    Tillamook
    County
    Tillamook
    State
    Oregon
    Longitude
    -123.844
    Latitude
    45.4542

    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
    $2,435
    $109,190
    $92,530
    $201,720
    -
    $104,540
    $190,850
    $295,390

    Comparable in this City

    • Value Estimation by Request
      1,356 SF

      2004 7th St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,356 SF
      2004 7th St, Tillamook, OR 97141-3830
      View Details
    • Value Estimation
      $315,000
      5,938 SF

      1914 2nd St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,938 SF
      1914 2nd St, Tillamook, OR 97141-2206
      View Details
    • Value Estimation
      $240,000
      4,255 SF

      3317 3rd St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,255 SF
      3317 3rd St, Tillamook, OR 97141-2605
      View Details
    • Value Estimation
      $315,000
      4,350 SF

      2182 Larson Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 4,350 SF
      2182 Larson Rd, Tillamook, OR 97141-9246
      View Details
    • Value Estimation
      $660,000
      5,524 SF

      1355 Phelps W Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,524 SF
      1355 Phelps W Ave, Tillamook, OR 97141-8712
      View Details
    • Value Estimation
      $200,000
      2,926 SF

      1802 1st St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,926 SF
      1802 1st St, Tillamook, OR 97141-2202
      View Details

    Similar Nearby for Sale

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      Tillamook Multifamily Investment Opportunity

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    516 Main Ave
    Tillamook, OR 97141-3543
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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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