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Financial
Distress signals
Property profile

729 NE 3Rd St McMinnville, OR 97128

FOR SALE
Turn key restaurants
Property ID
US71-0055606
0.14 ac lot
Last sale Dec 2002 · $450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located in McMinnville, Oregon, in the Willamette Valley wine country, the property is a 4,600-square-foot restaurant building situated on Third Street within the Downtown area’s food and beverage corridor. The facility is arranged to seat approximately 45 guests indoors and about 50 guests outdoors, and includes a large private banquet hall upstairs. The commercial kitchen contains high-end appliances, multiple preparation areas, a walk-in refrigerator and freezer, a coffee station, and ample…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$314k
Effective rate1.69%

Value estimate

· Oct 2026
$505k
$455k – $556k
NOI build-up
Gross scheduled income$86k
Vacancy & credit loss−$3k
Operating expenses−$31k
NOI · 2.74% cap applied$52k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
2.74%
$52k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C3
JurisdictionYAMHILL

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.9
Wholesale Shop10.4
Storage Facility10.0

Location

729 NE 3Rd St McMinnville, OR 97128
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
636 Baker, Mcminnville, OR 97128-4925 $835,000 Feb 2026 No data
801 Baker, Mcminnville, OR 97128-6701 $700,000 Jan 2026 No data
314 3rd, Mcminnville, OR 97128-4729 $165,000 May 2025 No data
2533 Hwy 99w, Mcminnville, OR 97128-9205 $829,000 Apr 2025 No data
520 3rd, Mcminnville, OR 97128-6213 $1,513,400 Mar 2025 No data
1947 Hwy 99w, Mcminnville, OR 97128-2749 $550,000 Mar 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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