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    Property profile & analytics

    Us-101 Newport, OR 97366

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Us-101

    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 9.48-acre industrial land parcel is strategically located at the northeast corner of Highway 101 and 84th Street in Newport, Oregon (zip code 97366), near the Newport Airport. Currently leased from the City of Newport, the property offers a unique investment opportunity. The existing lessee holds an option to purchase and has secured conditional approval for a flex industrial/self-storage development project. Detailed plans are available upon request. This prime location provides excellent visibility and accessibility, making it ideal for a variety of industrial uses. The property's size and zoning allow for flexibility in development, and the potential for phased acquisition offers additional investment options. The asking price for the entire parcel is $1,500,000. Interested parties should contact the listing agent for further details and to explore the potential of this exceptional property. Lincoln County location offers access to key transportation routes and a growing regional economy.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Lincoln
    State
    Oregon
    Longitude
    -124.066
    Latitude
    44.575

    Comparable in this City

    • Value Estimation by Request
      3.06 Acres

      10100 40 St

      Land • 3.06 Acres
      10100 40 St, Newport, OR 97366
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      11.56 Acres

      4003 Coast Hwy

      Land • 11.56 Acres
      4003 Coast Hwy, South Beach, OR 97366
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    • Value Estimation by Request
      3.00 Acres

      Bracken Ter

      Land • 3.00 Acres
      0 Bracken Ter, South Beach, OR 97366
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    • Value Estimation by Request
      1,710 SF

      S

      MINI-WAREHOUSE, STORAGE • 1,710 SF
      S, Beach, OR 97366
      View Details
    • Value Estimation by Request
      3,280 SF

      S

      MINI-WAREHOUSE, STORAGE • 3,280 SF
      S, Beach, OR 97366
      View Details
    • Value Estimation by Request
      1,728 SF

      130 32nd St

      DISTRIBUTION WAREHOUSE • 1,728 SF
      130 32nd St, Newport, OR 97366
      View Details

    Similar Nearby for Sale

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      Land Near Beach Access

      Prime lot near beach access in South Beach, Oregon.
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    Us-101
    Newport, OR 97366
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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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