310 7Th StCorvallis, OR 97330

Property Details for 310 7Th St

Year built

1972

Lot size

0.25 AC

Property size (Sq ft)

5,762 SF

Zone code

P-AO

Property type

Office properties

Property subtype

Other office properties

APN

11535CA08501

APU

11535CA08501

Description

This exceptional 2,400 square foot executive office space is situated in a Class B building, offering a single-tenant occupancy opportunity. Located in Benton County, with convenient access to downtown via NW Van Buren and a prominent position on a main arterial, this property boasts excellent visibility. The building, constructed in 1972 and extensively renovated in 2019, comprises a two-story structure totaling 5,762 square feet. Ample on-site parking is available for tenants and their clients. The property benefits from a highly visible monument sign, enhancing its presence and accessibility. The space is adaptable and can be delivered fully furnished, making it an ideal solution for businesses seeking a seamless transition. The CMU zoning allows for a variety of uses, making it a versatile option for various professional enterprises. This is a rare opportunity to secure a well-maintained, conveniently located, and highly visible executive office space in a thriving suburban area. The building's single-tenant occupancy ensures privacy and control over the space. The recent renovations ensure modern amenities and a comfortable work environment. Don't miss this chance to establish your business in this desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,058,553

  6.5%

  $977,126

  7%

  $907,331

• Comparable approach

  Method

  Valuation

  Relative Method

  $907,538

  Geo Method

  $1,476,397

• Alternative Use

  Use

  Valuation

  Residential

  $1,211,636

  Hospitality

  $1,109,852

  Educational

  $923,384

  Medical

  $955,140

  Retail

  $1,436,375

Location Insight

City

Corvallis

County

Benton

State

Oregon

Latitude

44.5677

Longitude

-123.264

CBSA code

18700

CBSA name

CORVALLIS, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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