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    Property profile & analytics

    Hermiston, OR 97838

    • Turn key restaurants
    • 0.86 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Location Intelligence
    Property ID
    US71-1349832
    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

    • Turn key restaurants

    Property Details

    Year built
    1980
    Lot size
    0.86 lot acres
    Zone code
    PUD, M-1. C-2
    Property type
    Turn key restaurants
    APN
    4N2824BB03200
    APU
    4N2824BB03200

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hermiston
    County
    Umatilla
    State
    Oregon
    Longitude
    -119.267
    Latitude
    45.8163
    CBSA code
    25840
    CBSA name
    HERMISTON-PENDLETON, OR MICROPOLITAN 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
    $3,875
    $27,780
    $170,650
    $198,430
    -
    $67,460
    $376,830
    $444,290

    Comparable in this City

    • Value Estimation
      $715,000
      2,111 SF

      1677 1st St

      RESTAURANT • 2,111 SF
      1677 1st St, Hermiston, OR 97838-1106
      View Details
    • Value Estimation
      $390,000
      6,973 SF

      1750 1st St

      RESTAURANT • 6,973 SF
      1750 1st St, Hermiston, OR 97838-1109
      View Details
    • Value Estimation by Request
      2,925 SF

      1780 1st St

      RESTAURANT • 2,925 SF
      1780 1st St, Hermiston, OR 97838
      View Details
    • Value Estimation
      $315,000
      2,500 SF

      198 Main St

      RESTAURANT • 2,500 SF
      198 Main St, Hermiston, OR 97838-1838
      View Details
    • Value Estimation by Request
      4,860 SF

      115 Oregon Ave

      RESTAURANT • 4,860 SF
      115 Oregon Ave, Hermiston, OR 97838-1159
      View Details
    • Value Estimation
      $335,000
      3,144 SF

      175 Hwy 395

      RESTAURANT • 3,144 SF
      175 Hwy 395, Hermiston, OR 97838-2432
      View Details

    Similar Nearby for Sale

    • $3,440,000
      2,536 SF

      Hermiston, Oregon Popeyes For Sale

      Popeyes restaurant in Hermiston, Oregon with long-term NNN lease.
      1680 N 1St St, Hermiston, OR 97838
      View Details
    • $2,000,000
      1.48 Acres

      Hermiston Restaurant Building For Sale

      Prime Hermiston restaurant, high traffic location.
      1619 1St St, Hermiston, OR 97838
      View Details
    • $2,434,500
      9,540 SF

      Highway 395 Industrial Flex Property

      11-acre industrial flex property with shop and retail showroom.
      81143 Highway 395 N, Hermiston, OR 97838
      View Details
    • $449,950

      Spacious Home on Irrigated Land

      Move-in ready 3-bedroom home on a private, irrigated .82-acre lot.
      80591 Sandpiper Ln, Hermiston, OR 97838
      View Details
    • $140,000
      0.36 Acres

      Oversized Lot in Gettman Hill

      0.36 acre building lot in Hermiston's premier subdivision.
      9008 SW 3Rd Pl, Hermiston, OR 97838
      View Details
    • $229,900
      0.51 Acres

      Hermiston Commercial Land For Sale

      0.51 acre commercially zoned land with Highway 395 frontage.
      810 Evelyn Ave, Hermiston, OR 97838
      View Details

    Similar Nearby for Lease

    • $8,500 /Mo
      6,773 SF

      Hermiston Retail Space For Lease

      Prime retail location in Hermiston, Oregon with street frontage.
      1619 N 1 Ave, Hermiston, OR 97838
      View Details
    • $16 SF/Yr
      7,000 SF

      Updated Office Space in Hermiston

      Updated 1,200 SF office space with ample parking.
      115 East Highland Ave, Hermiston, OR 97838
      View Details
    • $12 SF/Yr
      11,234 SF

      Hermiston Office Space: 1,304 SF Available

      Prime Hermiston office suite, 1,304 sq ft, recently renovated.
      115 Hermiston Ave, Hermiston, OR 97838
      View Details
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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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