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    Property profile & analytics

    845 Adair St Cornelius, OR 97113-9101

    • Auto shops
    • 5,068 SF
    • 1.52 lot acres
    OFF-MARKET
    Value Estimation
    $3,635,000
    Last Sale
    Nov 19, 2021
    $3,500,000
    Location Intelligence
    Property ID
    US71-1080826
    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.

    Current Use by Public Records

    • Olivia's Fine Foods / Mexican Restaurant
    • Econo Gas / Gas Station / Auto Repair Shop
    • US MARKET & SPACE AGE FUEL / Gas Station / Soft Drinks Shop
    • US MARKET CAR WASH / Car Wash
    • Olivia's Fine Food / Mexican Restaurant

    Property Details for 845 Adair St

    Year built
    1999
    Lot size
    1.52 lot acres
    Property size
    5,068 SF
    Zone code
    C2
    Property type
    Auto shops
    APN
    1N333DC-04500
    APU
    1N333DC04500

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,720,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,600,000
      6.5%
      $3,200,000
      7%
      $3,475,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,445,000
      Geo Method
      $3,280,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,880,000
      Retail
      $3,630,000
      Mixed-Use
      $3,440,000
      Hospitality
      $3,550,000
      Educational
      $3,205,000
      Residential Income
      $4,015,000
      Energy
      $3,410,000
      Income-Based Land
      $3,210,000
      Food Service
      $3,270,000

    Location Insight

    • Map
    • Local Demand
    City
    Cornelius
    County
    Washington
    State
    Oregon
    Longitude
    -123.061
    Latitude
    45.5205
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA 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
    $26,516
    $0.00
    $0.00
    $1,529,470
    -
    $950,720
    $821,770
    $1,772,490

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      1860 Adair St

      AUTO REPAIR, GARAGE • 1,500 SF
      1860 Adair St, Cornelius, OR 97113-8204
      View Details
    • Value Estimation by Request
      1,152 SF

      598 Baseline St

      AUTO REPAIR, GARAGE • 1,152 SF
      598 Baseline St, Cornelius, OR 97113-8304
      View Details
    • Value Estimation by Request
      3,989 SF

      2761 Baseline St

      AUTO REPAIR, GARAGE • 3,989 SF
      2761 Baseline St, Cornelius, OR 97113-8628
      View Details
    • Value Estimation
      $210,000
      3,920 SF

      801 Baseline St

      AUTO REPAIR, GARAGE • 3,920 SF
      801 Baseline St, Cornelius, OR 97113
      View Details
    • Value Estimation by Request
      3,240 SF

      1226 Baseline St

      AUTO REPAIR, GARAGE • 3,240 SF
      1226 Baseline St, Cornelius, OR 97113
      View Details
    • Value Estimation by Request
      2,400 SF

      30580 Unger Rd

      AUTO REPAIR, GARAGE • 2,400 SF
      30580 Unger Rd, Cornelius, OR 97113
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,989 SF

      Baseline Street Retail Opportunity

      High-exposure Cornelius restaurant site, land included.
      2761 Baseline St, Cornelius, OR 97113
      View Details
    • New
      $750,000
      832 SF

      Prime Baseline Street Frontage

      High-visibility commercial property in Cornelius, Oregon, with flexible C-2 zoning.
      2405 Baseline St, Cornelius, OR 97113
      View Details
    • $470,000

      High Exposure Retail Land Available

      Land for sale with high traffic exposure and permitted uses.
      Baseline St, Cornelius, OR 97113
      View Details
    • $32,500

      Cozy Manufactured Home in Cornelius

      Two-bedroom, two-bath manufactured home with open layout and landscaped yard.
      570 N 10Th Ave, Cornelius, OR 97113
      View Details
    • $1,176,120

      Commercial Land Near Retail Area

      Land with high traffic, suitable for various commercial uses.
      2612 Baseline St, Cornelius, OR 97113
      View Details
    • Contact for pricing

      Cornelius Industrial Land Redevelopment Opportunity

      Industrial land with redevelopment potential in Cornelius, Oregon.
      85 N 26Th Ave, Cornelius, OR 97113
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      179,000 SF

      Cornelius Retail Space Available

      Prime retail space in established center.
      2200 Baseline St, Cornelius, OR 97113
      View Details
    • Contact for pricing
      83,058 SF

      Cornelius Warehouse Space Available

      Insulated warehouse with new LED lighting and employee breakroom.
      495 N Holladay St, Cornelius, OR 97113
      View Details
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    845 Adair St
    Cornelius, OR 97113-9101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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