Property summary
This exceptional investment opportunity presents a 3,720 square foot mixed-use property located at 818 Airport Rd, Pendleton, Oregon, 97801. The property, situated on a 1.16-acre lot (APN 106536), consists of a warehouse (1,920 sq ft, built 1969, renovated 2017) and a newer office space (1,800 sq ft, built 2017). The warehouse features ceiling heights ranging from 13 to 16 feet, while the office boasts 10-foot ceilings. Heating is provided by electric radiant heat with forced air backup in… the office and gas-fueled air blowers in the warehouse. The property is zoned M1 and offers nine parking spaces. This turnkey operation includes an established and growing plumbing business, a U-Haul Neighborhood Dealer franchise, all equipment, and inventory. The business boasts a strong management team and staff, ensuring a smooth transition for the new owner. Financial records indicate a strong performance, with a Net Operating Income (NOI) of $241,651 and a cap rate of 19.33%. The asking price is $1,250,000 ($336.02 per square foot). The seller is open to financing options, including carrying the land and building with the purchase of the business and assets. This is a rare opportunity to acquire a profitable, established business along with a well-maintained property in a desirable location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 11 properties nearbyComparable nearby
Similar Nearby for Sale
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,720 SF
- Lot area
- 1.16 ac
- Year built
- 1969
- APN
- 2N32050000305
- Zoning
- M-1
- Assessed value · 2023
- $175,570
- Annual tax · 2023
- $3,269
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
Except as modified within applicable subdistricts, to provide, enhance and protect areas to accommodate a wide range of manufacturing and allied uses that need generally flat topography and easy access to arterials and i…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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