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    Property profile & analytics

    640 Depot St Monroe, OR 97456-8425

    • Commercial real estate
    • 0.71 lot acres
    OFF-MARKET
    Value Estimation
    $215,000
    Last Sale
    Sep 19, 2022
    $175,000
    Location Intelligence
    Property ID
    US71-0541731
    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

    • Commercial real estate

    Property Details for 640 Depot St

    Lot size
    0.71 lot acres
    Zone code
    GRA
    Property type
    Commercial real estate
    APN
    14528DC01200
    APU
    14528DC01200

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Benton
    State
    Oregon
    Longitude
    -123.299
    Latitude
    44.3173
    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
    $680
    $0.00
    $0.00
    $36,317
    -
    $587,613
    $13,820
    $601,433

    Comparable in this City

    • Value Estimation by Request
      0.04 Acres

      540 Commercial St

      COMMERCIAL (GENERAL) • 0.04 Acres
      540 Commercial St, Monroe, OR 97456-8402
      View Details
    • Value Estimation by Request
      0.18 Acres

      525 Main St

      COMMERCIAL (GENERAL) • 0.18 Acres
      525 Main St, Monroe, OR 97456-4503
      View Details
    • Value Estimation by Request
      1,335 SF

      590 Main St

      COMMERCIAL (GENERAL) • 1,335 SF
      590 Main St, Monroe, OR 97456-9606
      View Details
    • Value Estimation by Request
      5,600 SF

      255 5th St

      COMMERCIAL (GENERAL) • 5,600 SF
      255 5th St, Monroe, OR 97456-9609
      View Details
    • Value Estimation by Request
      0.11 Acres

      Monroe, OR 97456

      COMMERCIAL (GENERAL) • 0.11 Acres
      Monroe, OR 97456
      View Details
    • Value Estimation by Request
      0.17 Acres

      Monroe, OR 97456

      COMMERCIAL (GENERAL) • 0.17 Acres
      Monroe, OR 97456
      View Details

    Similar Nearby for Sale

    • $900,000
      14,850 SF

      Prime Monroe Commercial Property

      Versatile Warehouse & Office Space
      24716 Territorial Hwy, Monroe, OR 97456
      View Details
    • $460,000
      3,400 SF

      Downtown Monroe Retail Opportunity

      Unique building in downtown Monroe with multiple potential uses.
      156 S 5Th St, Monroe, OR 97456
      View Details
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    640 Depot St
    Monroe, OR 97456-8425
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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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