Newport, OR 97365

  • Office properties
  • 8,649 SF
Off market
$735,000 Estimated

Property Details

Year built
1997
Property size (Sq ft)
8,649 SF
Zone code
C-1;COMMERCIAL
Property type
Office properties
Property subtype
Other office properties
APN
11-11-08-BD-07900-L1
APU
111108BD07900L1

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,588,932
    6.5%
    $1,466,706
    7%
    $1,361,941
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,362,253
    Geo Method
    $2,216,133
  • Alternative Use

    Use
    Valuation
    Residential
    $1,818,715
    Hospitality
    $1,665,934
    Educational
    $1,386,037
    Medical
    $1,433,705
    Retail
    $2,156,058
Newport, Oregon
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Location Insight

City
Newport
County
Lincoln
State
Oregon
Latitude
44.6423
Longitude
-123.867
CBSA code
35440
CBSA name
NEWPORT, 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
$13,339
-
-
$735,000
-
$104,740
$1,191,550
$1,296,290

FAQs

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