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    Property profile & analytics

    615 Main E St Monmouth, OR 97361-1826

    • Drive through restaurants
    • 2,620 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    $375,000
    Location Intelligence
    Property ID
    US71-0555093
    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

    • Burgerville / Dessert Shop / Fast Food Restaurant

    Property Details for 615 Main E St

    Year built
    1984
    Lot size
    0.38 lot acres
    Property size
    2,620 SF
    Zone code
    CH
    Property type
    Drive through restaurants
    APN
    08430-BD-02501
    APU
    08430BD02501

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monmouth
    County
    Polk
    State
    Oregon
    Longitude
    -123.229
    Latitude
    44.8483
    CBSA code
    41420
    CBSA name
    SALEM, 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
    $9,479
    $159,710
    $360,590
    $520,300
    -
    $471,520
    $531,320
    $1,002,840

    Comparable in this City

    • Value Estimation by Request
      3,662 SF

      601 Clay E St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,662 SF
      601 Clay E St, Monmouth, OR 97361-2402
      View Details
    • Value Estimation by Request
      2,237 SF

      1537 Monmouth Independence Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,237 SF
      1537 Monmouth Independence Hwy, Monmouth, OR 97361-1630
      View Details
    • Value Estimation
      $360,000
      364 SF

      165 Pacific N Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 364 SF
      165 Pacific N Hwy, Monmouth, OR 97361-1669
      View Details
    • Value Estimation
      $2,260,000
      1,302 SF

      320 Pacific S Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,302 SF
      320 Pacific S Ave, Monmouth, OR 97361-1539
      View Details
    • Value Estimation by Request
      3,062 SF

      131 Pacific N Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,062 SF
      131 Pacific N Hwy, Monmouth, OR 97361-1669
      View Details
    • Value Estimation
      $220,000
      1,440 SF

      310 Main E St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,440 SF
      310 Main E St, Monmouth, OR 97361-2333
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Redevelopment Opportunity in Monmouth, Oregon

      Prime retail space ideal for redevelopment or owner-user.
      523 Main St E, Monmouth, OR 97361
      View Details
    • $1,100,000
      152.61 Acres

      Oregon Farmland with Water Rights

      152.65-acre farm in Willamette Valley with fertile soil.
      11050 Elkins Next To Rd, Monmouth, OR 97361
      View Details
    • $2,650,000

      Productive Farm with Recreational Potential

      Farm with tiled fields, timber, pond, and development potential.
      14060 Simpson Rd, Monmouth, OR 97361
      View Details
    • $1,350,000
      222.30 Acres

      222 Acres of Diverse Timber

      222-acre property with timber, pasture, and hunting potential.
      Airlie Rd, Monmouth, OR 97361
      View Details
    • $899,990
      3,280 SF

      Monmouth, OR 4-Plex Investment

      Investment 4-plex near WOU campus with strong rental history.
      297 Main St W, Monmouth, OR 97361
      View Details
    • $951,000
      157.94 Acres

      158 Acres of Diverse Land

      158 acres in Monmouth, Oregon, featuring timber and pasture.
      Next To Airlie Rd, Monmouth, OR 97361
      View Details

    Similar Nearby for Lease

    • $1.45 SF/Yr
      2,625 SF

      Former Bank Retail Building Available

      Standalone retail building with drive-thru, ready for sublease.
      200 Main St E, Monmouth, OR 97361
      View Details
    • $1.00 SF/Yr
      1,170 SF

      Retail Space Near Western Oregon

      Retail space in newer shopping center near Western Oregon University.
      601-609 Clay St E, Monmouth, OR 97361
      View Details
    • $18 SF/Yr
      3,662 SF

      Monmouth Retail Center Opportunity

      High-traffic retail space, NNN lease.
      609 Clay St, Monmouth, OR 97361
      View Details

    Property Visit Statistics

    • Visits by month
      23.3k
    • Visitors by month
      18.2k
    • Avg Time on site
      14 min
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    615 Main E St
    Monmouth, OR 97361-1826
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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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