772 Main St Dallas, OR 97338-3109
Property profile & analytics
772 Main St Dallas, OR 97338-3109
- Retail space
- 3,986 SF
- 0.19 lot acres
Property ID
US71-0348584
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.
Location Intelligence
Current Use by Public Records
- Domino's Pizza / Take-out & Catering
Property Details for 772 Main St
- Year built
- 1900
- Lot size
- 0.19 lot acres
- Property size
- 3,986 SF
- Zone code
- CBD
- Property type
- Retail space
- APN
- 07533-BC-03600
- APU
- 07533BC03600
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $800,000
- 6.5%
- $740,000
- 7%
- $685,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $503,000
Market price range: $239k - $950k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $525,000 Current use
- OFFICE BUILDING
- $810,000 Change: +54% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Polk
- State
- Oregon
- Longitude
- -123.316
- Latitude
- 44.9218
- 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
$2,457
$73,540
$102,300
$175,840
-
$98,100
$236,360
$334,460
