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Property profile & analytics
OFF-MARKET
Office Spaces
728 4th St Corvallis, OR 97330-6415
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US71-1809418
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1928
Total area
1,904 SF
Lot
0.11 ac (4,792 SF)
Zoning code
CBF
APN
11535AC01600
UPID
US71-1809418
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Travis Luttmer - COUNTRY Financial Agent Insurance Agency
-
Juniper Beauty Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Oyanne Investments LLC · 3 yrs held
Oyanne Investments LLC
since 2022
Last sale
$395,000
7 recorded transactions
Zoning & alternative use
CBF · Corvallis, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This zone implements the Central Business Comprehensive Plan designation and is intended to allow commercial activity necessary to support regional shopping facilities located downtown. Because of its unique location, site development in this area should contribute to a visually attractive entrance to the downtown area
Zone name
Central Business Fringe Zone
General category
COMMERCIAL
Zone area
16.10 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Corvallis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corvallis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,137
Tax year 2023
Assessed value
$163,348
Assessed 2023
Previous assessed
$158,590
+3.0% YoY
Effective rate
1.92%
On assessed value
Land market value
$196,431
Improvement market value
$375,165
Total market value
$571,596
Applied tax rate
901.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1928
Heating
NONE
Stories
1
Bathrooms
1
Total area
1,904 SF
Lot
0.11 ac (4,792 SF)
Zoning code
CBF
APN
11535AC01600
UPID
US71-1809418
Jurisdiction
BENTON
Zoning & alternative use
CBF · Corvallis, ORZoning CBF · permitted uses
CBF · Corvallis, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This zone implements the Central Business Comprehensive Plan designation and is intended to allow commercial activity necessary to support regional shopping facilities located downtown. Because of its unique location, site development in this area should contribute to a visually attractive entrance to the downtown area
Zone name
Central Business Fringe Zone
General category
COMMERCIAL
Zone area
16.10 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1928
Heating
NONE
Stories
1
Bathrooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Oyanne Investments LLC
Entity
Mailing address
574 NANDINA ST, SWEET HOME, OR 97386-1300
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2022
$395,000
Oyanne Investments LLC
Eric James Swanson
Warranty Deed
$316,000 · Iaa Cu
Mar 8, 2021
$460,000
Gary Overman
Eric Swanson
Warranty Deed
—
Jun 26, 2020
$325,000
Eric Swanson
Vanesa Pancic
Grant Deed
—
Jun 29, 2017
$295,000
Eric J Swanson
Kirk,emma A & Joel D
Warranty Deed
$275,000 · Mel P Sherbourne
Jan 26, 2006
$140,000
Joel D Kirk
Weigand,claus & Leah J
Warranty Deed
$112,000 · Landmark Mortgage
Aug 26, 1998
$91,000
Claus Wiegand
Powell,thomas J
Grant Deed
—
—
—
Eric J Swanson
—
Deed Of Trust
related
$240,000 · Maps Cu
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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