Financial
Distress signals
Property profile

523 Main E St Monmouth, OR 97361

OFF-MARKET
Banks
Property ID
US71-0541975
2,690 SF 0.41 ac lot Built 1976
Last sale Oct 2023 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a one-story retail building constructed in 1976, located on Main Street in Monmouth, Oregon, one block from a signalized intersection along a high-traffic corridor. It is situated just off Highway 99W and is less than one mile from Western Oregon University, in the vicinity of downtown Monmouth (Polk County). The building was formerly occupied by Washington Federal and is configured as a retail space suitable for redevelopment and potential conversion to a restaurant owner-user use. The parcel number is 190392.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$510k
Assessed land$132k
Assessed improvement$379k
Effective rate1.82%

Value estimate

· Sep 2026
$650k
$585k – $715k
AI approach$605k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CR
CR Zone. The purpose of the commercial retail (CR) zone is to define and protect areas suitable for the development of a wide range of re...
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.6
Dental Office12.9
Pharmacy11.6

Location

523 Main E St Monmouth, OR 97361-2311
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
607 Ecols S, Monmouth, OR 97361-2373 $450,000 May 2022 2,208 SF
595 Main E, Monmouth, OR 97361-2311 $1,794,999 Apr 2022 2,243 SF
191 Warren S, Monmouth, OR 97361-2138 $412,000 Aug 2021 2,470 SF
145 Knox N, Monmouth, OR 97361-2226 $270,000 Jan 2020 3,356 SF
145 Monmouth N, Monmouth, OR 97361-1328 $1,080,000 Dec 2019 5,538 SF
275 Main E, Monmouth, OR 97361-2240 $310,000 Aug 2019 1,520 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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