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    Property profile & analytics

    5700 Reservoir Ave Corvallis, OR 97333-2936

    • Retail space
    • 21,280 SF
    • 13.98 lot acres
    OFF-MARKET
    Value Estimation
    $3,310,000
    Last Sale
    Jan 10, 2024
    $3,225,000
    Location Intelligence
    Property ID
    US71-0750656
    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

    • Bald Hill Farm LLC / Farm / Livestock Dealer
    • Jackson Luck Enterprises / Excavating Contractor
    • Talon Pro Construction / Construction Company / General Contractor

    Property Details for 5700 Reservoir Ave

    Year built
    2008
    Lot size
    13.98 lot acres
    Property size
    21,280 SF
    Zone code
    PD(II)
    Property type
    Retail space
    APN
    11532D000501
    APU
    11532D000501

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,225,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,510,000
      6.5%
      $3,300,000
      7%
      $3,290,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,685,000
      Geo Method
      $3,715,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,880,000
      Retail
      $3,530,000
      Mixed-Use
      $3,660,000
      Hospitality
      $2,800,000
      Educational
      $2,820,000
      Residential Income
      $3,160,000
      Energy
      $3,820,000
      Income-Based Land
      $3,195,000
      Food Service
      $3,515,000

    Location Insight

    • Map
    • Local Demand
    City
    Corvallis
    County
    Benton
    State
    Oregon
    Longitude
    -123.317
    Latitude
    44.5632
    CBSA code
    18700
    CBSA name
    CORVALLIS, OR METROPOLITAN 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
    $12,401
    $0.00
    $0.00
    $645,659
    -
    $408,009
    $811,505
    $1,219,514

    Comparable in this City

    • Value Estimation by Request
      4,260 SF

      1260 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 4,260 SF
      1260 3rd St, Corvallis, OR 97333-1243
      View Details
    • Value Estimation by Request
      5,420 SF

      575 Washington Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,420 SF
      575 Washington Ave, Corvallis, OR 97333-4313
      View Details
    • Value Estimation by Request
      1,043 SF

      136 Washington Ave Ste, Unit 103

      RETAIL STORES (PERSONAL SERVICES) • 1,043 SF
      136 Washington Ave Ste, Corvallis, OR 97333-4874
      View Details
    • Value Estimation by Request
      10,404 SF

      340 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 10,404 SF
      340 2nd St, Corvallis, OR 97333-4678
      View Details
    • Value Estimation by Request
      3,510 SF

      1900 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 3,510 SF
      1900 3rd St, Corvallis, OR 97333-1723
      View Details
    • Value Estimation by Request
      7,525 SF

      1955 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 7,525 SF
      1955 3rd St, Corvallis, OR 97333
      View Details

    Similar Nearby for Sale

    • $695,000
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      Downtown Corvallis Retail Gem

      20,000 SF Vacant Storefront, $695K
      334 2Nd St, Corvallis, OR 97333
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    • $2,000,000
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      Mixed-Use Building in Corvallis Heart

      Mixed-use building in downtown Corvallis near OSU campus.
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    • New
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      2,615 SF

      Established Restaurant Business Opportunity

      Turnkey restaurant for sale in Corvallis, Oregon.
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    • $1,250,000
      10,654 SF

      Retail Property in Corvallis, Oregon

      Retail property available for sale in Corvallis, Oregon.
      544 NW 3Rd St, Corvallis, OR 97333
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    • $5,200,000

      Retail Property in Corvallis, Oregon

      Retail property available for sale in Corvallis, Oregon.
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    • $525,000
      1.23 Acres

      Corvallis Land with Development Potential

      1.23 acre lot suitable for residential or commercial development.
      SW Gerold St, Corvallis, OR 97333
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    Similar Nearby for Lease

    • Contact for pricing
      1,020 SF

      Retail Space in Corvallis Center

      Retail space available in neighborhood shopping center near Oregon State.
      5010 SW Philomath Blvd, Corvallis, OR 97333
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Corvallis Center

      Neighborhood shopping center anchored by Safeway and BiMart.
      5216-5280 Philomath Blvd, Corvallis, OR 97333
      View Details
    • Contact for pricing
      164,769 SF

      Sunset Shopping Center: Corvallis Retail

      Prime Corvallis retail space available. Multiple suites.
      1555 53Rd St, Corvallis, OR 97333
      View Details
    • $6 SF/Yr
      7,590 SF

      Downtown Corvallis Retail Space

      Prime 7,590 SF Retail/Office Building
      316 2Nd St, Corvallis, OR 97333
      View Details
    • $8 SF/Yr
      4,696 SF

      Corvallis Retail Gym Space

      Prime Downtown Corvallis Gym/Retail
      320 2Nd St, Corvallis, OR 97333
      View Details
    • $13 SF/Yr
      13,878 SF

      Eastgate Business Center: Flex Space

      Corvallis flex space, multiple suites available.
      33919 Eastgate Cir, Corvallis, OR 97333
      View Details
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    5700 Reservoir Ave
    Corvallis, OR 97333-2936
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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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