Property profile

611 Pacific Hwy Woodburn, OR 97071

OFF-MARKET
Retail space
Property ID
US71-0940208
3,000 SF 0.98 ac lot Built 1967
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1967
Total area 3,000 SF
Lot 0.98 ac (42,689 SF)
Zoning code CG
APN 051W17BB06200
UPID US71-0940208

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

611 Pacific Hwy Woodburn, OR 97071-5153
Woodburn metro Census 10304 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$883k
Blend (final) Blend
$370k

Owner & transaction history

since 2019
7 recorded transactions
2024
Price N/A
2019
Price N/A
2019
$425,000
2014
Price N/A
2010
Price N/A
2004
$360,000
1988
$183,133

Zoning & alternative use

CG · Woodburn, OR
Zoning description

the Gateway CG Overlay District; or zero for a subject property within the DDC zoning district. D. Prohibited Adjustments: 1. Adjustments to the number of permitted dwellings and to the use of property shall be prohibite…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $1.1M +81.0%
Medical building $965,000 +63.0%
Office building $820,000 +38.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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