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Financial
Distress signals
Property profile

1006 Coast Hwy Newport, OR 97365

OFF-MARKET
Turn key restaurants
Property ID
US71-0669824
2,798 SF 0.21 ac lot Built 1973
Last sale Apr 2024 · $750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial building located directly on SW Coast Highway 101 in Newport, Oregon. It is configured for a variety of commercial uses, with an interior area of 2,798 square feet and a lot size of 0.21 acres. The property is zoned C-1 Commercial and includes 13 off-street parking spaces. Historically operated as a restaurant, it is currently set up in a way that supports food-service use and general commercial activity along a high-traffic corridor. Only the real estate is part of the offering, while any business assets are not included.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$442k
Effective rate1.81%

Value estimate

· Oct 2026
$750k
$675k – $825k
AI approach$750k
Submarket $/SF estimate$888k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$247/SF
County average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$136 – $383

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: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility9.0
Tailor Shop9.0
HVAC Service8.9

Location

1006 Coast Hwy Newport, OR 97365-5219
County assessor Recorded deeds · 1 transfer 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
352 9th, Newport, OR 97365-4638 $140,000 Aug 2025 2,950 SF
1019 Coast, Newport, OR 97365-5218 $850,000 May 2025 2,802 SF
633 Olive, Newport, OR 97365-2733 $360,000 Feb 2025 3,792 SF
1255 Coast, Newport, OR 97365-2444 $725,000 Nov 2024 4,837 SF
113 Bay, Newport, OR 97365-4514 $200,000 Sep 2024 1,792 SF
906 Alder, Newport, OR 97365-4712 $520,000 Apr 2024 4,300 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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