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Financial
Distress signals
Property profile

423 Coast Hwy Newport, OR 97365

OFF-MARKET
Office Spaces
Property ID
US71-0876771
7,219 SF 0.27 ac lot Built 1972
Last sale Dec 2024 · $330,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$739k
Effective rate1.81%

Value estimate

· Oct 2026
$330k
$297k – $363k
AI approach$330k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$241/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$146 – $379

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-1;COMMERCIAL
JurisdictionLINCOLN

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store10.1
HVAC Service9.3
Parking Facility9.2

Location

423 Coast Hwy Newport, OR 97365-3136
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
351 7th, Newport, OR 97365-4963 $650,000 Oct 2023 4,957 SF
130 4th, Newport, OR 97365-3132 $370,000 Oct 2020 4,680 SF
2426 Coast, Newport, OR 97365-1701 $528,400 Aug 2020 4,456 SF
310 2nd, Newport, OR 97365-0801 $1,135,000 Apr 2020 8,014 SF
705 Coast, Newport, OR 97365-5017 $970,000 Mar 2020 4,726 SF
111 Douglas, Newport, OR 97365-4499 $1,575,000 Feb 2020 6,728 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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