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    Property profile & analytics

    Westlake, OR 97493

    • Commercial land
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 15, 2024
    $1,230,000
    Location Intelligence
    Property ID
    US71-1315887
    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

    • Commercial land

    Property Details

    Lot size
    0.09 lot acres
    Zone code
    R- RESIDENTIAL
    Property type
    Commercial land
    APN
    19-12-34-24-02000-000
    APU
    1912342402000000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Westlake
    County
    Lane
    State
    Oregon
    Longitude
    -124.112
    Latitude
    43.8806
    CBSA code
    21660
    CBSA name
    EUGENE-SPRINGFIELD, OR 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
    $224
    $0.00
    $0.00
    $22,105
    -
    $36,207
    $0.00
    $36,207

    Comparable in this City

    • Value Estimation by Request
      0.11 Acres

      4768 Laurel St

      VACANT COMMERCIAL LAND • 0.11 Acres
      4768 Laurel St, Westlake, OR 97493-9615
      View Details
    • Value Estimation by Request
      0.06 Acres

      Westlake, OR 97493

      VACANT COMMERCIAL LAND • 0.06 Acres
      Westlake, OR 97493
      View Details
    • Value Estimation by Request
      0.11 Acres

      Westlake, OR 97493

      VACANT COMMERCIAL LAND • 0.11 Acres
      Westlake, OR 97493
      View Details
    • Value Estimation by Request
      0.16 Acres

      284 Collins Rd

      MOBILE HOME PARK, TRAILER PARK • 0.16 Acres
      284 Collins Rd, Westlake, OR 97493-9602
      View Details
    • Value Estimation by Request
      3,165 SF

      81961 Ada Sta Rd

      RECREATIONAL, ENTERTAINMENT • 3,165 SF
      81961 Ada Sta Rd, Westlake, OR 97493-9603
      View Details
    • Value Estimation by Request
      548 SF

      81698 Ada Sta Rd

      RECREATIONAL, ENTERTAINMENT • 548 SF
      81698 Ada Sta Rd, Westlake, OR 97493-9601
      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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