Technical
Financial
Distress signals
Property profile

985 Nehalem Blvd Wheeler, OR 97147

OFF-MARKET
Commercial real estate
Property ID
US71-0692609
4,337 SF 0.89 ac lot Built 1940
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1940
Total area 4,337 SF
Lot 0.89 ac (38,768 SF)
Zoning code GC
APN 2N1003-DA-00700
UPID US71-0692609

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

985 Nehalem Blvd Wheeler, OR 97147-0079
Wheeler metro Census 960102
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$690k
CAP Approach CAP
by Request
Comparable Approach Comparable
$556k
Blend (final) Blend
$725k

Owner & transaction history

since 2021
Last sale
$630,000
2 recorded transactions
2021
$630,000
2014
Price N/A

Zoning & alternative use

GC · Wheeler, OR
Zoning description

The town commercial area, designated by the primary symbol GC, is established to provide for commercial uses

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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