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    Property profile & analytics

    603 2nd St Corvallis, OR 97330-6445

    • Turn key restaurants
    • 6,016 SF
    • 0.55 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-0761234
    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

    • 603 NW 2nd St Parking / Parking Lot
    • The Old Spaghetti Factory / Banquet Hall / Caterer

    Property Details for 603 2nd St

    Year built
    1982
    Lot size
    0.55 lot acres
    Property size
    6,016 SF
    Zone code
    CMU-3
    Property type
    Turn key restaurants
    APN
    11535DB00200
    APU
    11535DB00200

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Corvallis
    County
    Benton
    State
    Oregon
    Longitude
    -123.257
    Latitude
    44.5693
    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
    $27,924
    $0.00
    $0.00
    $1,463,422
    -
    $982,278
    $956,215
    $1,938,493

    Comparable in this City

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      820 SF

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      RESTAURANT • 820 SF
      Corvallis, OR 97330
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      5,504 SF

      2200 9th St

      RESTAURANT • 5,504 SF
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      2,504 SF

      2575 Kings Blvd

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      2575 Kings Blvd, Corvallis, OR 97330-3988
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      2,448 SF

      2307 9th St

      RESTAURANT • 2,448 SF
      2307 9th St, Corvallis, OR 97330-1506
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    • Value Estimation by Request
      6,192 SF

      350 Cir Blvd

      RESTAURANT • 6,192 SF
      350 Cir Blvd, Corvallis, OR 97330-4288
      View Details

    Similar Nearby for Sale

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      Mixed-use property with redevelopment potential in a thriving downtown area.
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      Corvallis Retail Space - Prime Location

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      Retail property available for purchase in Corvallis, Oregon.
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      Office and Lab Space Available

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    Property Visit Statistics

    • Visits by month
      9.0k
    • Visitors by month
      7.7k
    • Avg Time on site
      77 min
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    603 2nd St
    Corvallis, OR 97330-6445
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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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