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Financial
Distress signals
Property profile

81143 Highway 395 N Hermiston, OR 97838

FOR LEASE
Other retail properties
Property ID
US71-0633739
9,540 SF 3.67 ac lot Built 1979
Last sale Mar 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This industrial flex property is configured with an approximately 9,540 SF commercial/repair shop and an approximately 68 by 50 SF showroom/sales center that includes office space and restrooms. The site is designed for vehicle and heavy equipment operations, featuring multiple access points and a service-oriented layout. Exterior space includes extensive grounds that can support uses such as laydown areas, vehicle storage, parking, or future expansion, with a small portion excluded from sale…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$302k
Assessed land$145k
Assessed improvement$158k
Effective rate1.44%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$285k
NOI build-up
Gross scheduled income$86k
Vacancy & credit loss−$5k
Operating expenses−$24k
NOI · 625.06% cap applied$56k

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?
625.06%
$56k 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?
RSC
JurisdictionUMATILLA

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.3
Furniture Store8.4
Realty agency8.3

Location

81143 Highway 395 N Hermiston, OR 97838
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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
154 Hermiston, Hermiston, OR 97838-1712 $590,000 Aug 2024 8,250 SF
1895 1st, Hermiston, OR 97838-6665 $362,451 Nov 2022 7,316 SF
1206 Highland, Hermiston, OR 97838-9511 $3,100,000 Mar 2022 10,640 SF
30618 Bensel, Hermiston, OR 97838-6247 $1,000,000 Apr 2020 14,322 SF
200 1st, Hermiston, OR 97838-2386 $865,000 Apr 2020 8,320 SF
1968 1st, Hermiston, OR 97838-1161 $2,020,000 May 2019 10,000 SF
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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