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Property profile & analytics
OFF-MARKET
Office Spaces
806 4th St Corvallis, OR 97330-6259
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0967063
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1927
Total area
2,152 SF
Lot
0.11 ac (4,792 SF)
Zoning code
GC
APN
11535AC00700
UPID
US71-0967063
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
-
Rising Realty Llc Real Estate Agency
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
Your House LLC · 1 yrs held
Your House LLC
since 2025
3 recorded transactions
Zoning & alternative use
GC · Corvallis, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is intended to provide areas for those commercial and related services and businesses that generally require extensive outside storage, are not Retail or Office Uses, or have characteristics with less pedestrian orientation than other commercial zones
Zone name
General Commercial Zone
General category
COMMERCIAL
Zone area
39.43 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
$2,547
Tax year 2023
Assessed value
$132,592
Assessed 2023
Previous assessed
$128,730
+3.0% YoY
Effective rate
1.92%
On assessed value
Land market value
$95,820
Improvement market value
$110,645
Total market value
$206,465
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
1927
Heating
NONE
Stories
1
Total area
2,152 SF
Lot
0.11 ac (4,792 SF)
Zoning code
GC
APN
11535AC00700
UPID
US71-0967063
Jurisdiction
BENTON
Zoning & alternative use
GC · Corvallis, ORZoning GC · permitted uses
GC · Corvallis, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is intended to provide areas for those commercial and related services and businesses that generally require extensive outside storage, are not Retail or Office Uses, or have characteristics with less pedestrian orientation than other commercial zones
Zone name
General Commercial Zone
General category
COMMERCIAL
Zone area
39.43 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1927
Heating
NONE
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Your House LLC
Entity
Free & Clear · 1 yrs held
Mailing address
812 NW 4TH ST, CORVALLIS, OR 97330-6203
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2025
—
Your House LLC
Kip Schoning
Deed
related
—
Jun 18, 2024
—
Your House LLC
Kip Schoning
Bargain & Sale Deed
$250,000 · Lemoyne D Bailey JR Family Trust
Oct 8, 2010
$120,000
Owner Name Unavailable
Owner Name Unavailable
Warranty Deed
related
—
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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