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    Property profile & analytics

    521 3rd SW Ave Albany, OR 97321-2205

    • Investment properties
    • 1,830 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-0882185
    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

    • Heath Laundry / Linens Store / Laundromat

    Property Details for 521 3rd SW Ave

    Year built
    1950
    Construction
    WOOD FRAME
    Lot size
    0.32 lot acres
    Property size
    1,830 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    11S 04W 01DD 02400
    APU
    11S04W01DD02400

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Linn
    State
    Oregon
    Longitude
    -123.11
    Latitude
    44.6355
    CBSA code
    10540
    CBSA name
    ALBANY-LEBANON, OR 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
    $6,360
    $0.00
    $0.00
    $319,310
    -
    $226,420
    $872,300
    $1,098,720

    Comparable in this City

    • Value Estimation by Request
      5,000 SF

      337 2nd SW Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,000 SF
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    • Value Estimation by Request
      5,000 SF

      331 2nd SW Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,000 SF
      331 2nd SW Ave, Albany, OR 97321-2234
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    • Value Estimation by Request
      12,900 SF

      111 Broadalbin SW St

      OFFICE/RESIDENTIAL (MIXED USE) • 12,900 SF
      111 Broadalbin SW St, Albany, OR 97321-2244
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    • Value Estimation by Request
      6,372 SF

      810 7th SE Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 6,372 SF
      810 7th SE Ave, Albany, OR 97321
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    • Value Estimation by Request
      9,878 SF

      130 Ellsworth SW St

      OFFICE/RESIDENTIAL (MIXED USE) • 9,878 SF
      130 Ellsworth SW St, Albany, OR 97321-2209
      View Details
    • Value Estimation by Request
      1,165 SF

      216 Jackson SE St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,165 SF
      216 Jackson SE St, Albany, OR 97321-2715
      View Details

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    521 3rd SW Ave
    Albany, OR 97321-2205
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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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