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    Property profile & analytics
    OFF-MARKET Estimated value $635,000
    Retail space

    772 Main St, Dallas, OR 97338-3109

    3,986 SF 0.19 ac lot Built 1900
    Entity Owned ~ Est. High Equity
    Property ID
    US71-0348584
    Property summary
    AI-generated overview

    This exceptional 3,986 square foot retail property, located at 772 Main St in Dallas, Oregon (zip code 97338), presents a lucrative investment opportunity. Situated in Polk County's revitalized downtown core, this two-tenant building boasts a prime location and consistent income stream. Built in 1900 and zoned for Central Business District (CBD) use, the property features large display windows offering abundant natural light, attracting significant foot traffic. The building is in excellent condition, with no deferred maintenance issues reported. The current lease agreements include built-in rent escalations, ensuring stable and growing returns. Five parking spaces are available at the rear of the building, offering additional income potential. The lot size is 8,288 square feet. The asking price is $650,000, translating to $163.07 per square foot. A detailed list of recent upgrades is available upon request. This fully leased property offers a rare chance to acquire a high-performing asset in a thriving downtown area. Don't miss this opportunity to secure a strong, stable investment in a desirable location.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1900
    Total area 3,986 SF
    Lot 0.19 ac (8,276 SF)
    Zoning code CBD
    APN 07533-BC-03600
    UPID US71-0348584
    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
    • Domino's Pizza Take-out & Catering
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $740k
    Comparable Approach Comparable
    $504k
    Blend (final) Blend
    $635k
    Owner & transaction history
    Npg West LLC
    Npg West LLC
    since 2025
    Last sale
    $650,000
    7 recorded transactions
    2025
    $650,000
    2025
    $650,000
    2021
    $500,000
    2020
    2015
    $475,000
    2014
    2014
    Zoning & alternative use
    CBD · Dallas, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $810,000 +54.1%
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