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    Property profile & analytics

    12880 H St Nehalem, OR 97131-9518

    • Turn key restaurants
    • 2,196 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Last Sale
    Feb 27, 2024
    $240,920
    Location Intelligence
    Property ID
    US71-0021863
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 12880 H St

    Year built
    1954
    Lot size
    0.21 lot acres
    Property size
    2,196 SF
    Zone code
    C-1
    Property type
    Turn key restaurants
    APN
    3N1027-BD-02900
    APU
    3N1027BD02900

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $205,000
      6.5%
      $250,000
      7%
      $205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $250,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $200,000
      Retail
      $215,000
      Mixed-Use
      $195,000
      Hospitality
      $210,000
      Educational
      $230,000
      Residential Income
      $180,000
      Energy
      $190,000
      Income-Based Land
      $215,000
      Food Service
      $220,000

    Location Insight

    • Map
    • Local Demand
    City
    Nehalem
    County
    Tillamook
    State
    Oregon
    Longitude
    -123.897
    Latitude
    45.7179

    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
    $3,390
    $71,760
    $186,910
    $258,670
    -
    $125,410
    $328,110
    $453,520

    Comparable in this City

    • Value Estimation
      $320,000
      3,491 SF

      35815 Hwy 101st N

      RESTAURANT • 3,491 SF
      35815 Hwy 101st N, Nehalem, OR 97131-9599
      View Details
    • Value Estimation by Request
      6,458 SF

      36480 Hwy 101st N

      RESTAURANT • 6,458 SF
      36480 Hwy 101st N, Nehalem, OR 97131-9720
      View Details
    • Value Estimation
      $250,000
      1,351 SF

      35915 8th St

      RESTAURANT • 1,351 SF
      35915 8th St, Nehalem, OR 97131-9832
      View Details
    • Value Estimation by Request
      7,560 SF

      Nehalem, OR 97131

      GYM, HEALTH SPA • 7,560 SF
      Nehalem, OR 97131
      View Details
    • Value Estimation by Request
      6,157 SF

      35800 7Th St

      Individual retail properties • 6,157 SF
      35800 7Th St, Nehalem, OR 97131
      View Details
    • Value Estimation by Request
      1,324 SF

      36453 Hwy 101st N

      SERVICE STATION (FULL SERVICE) • 1,324 SF
      36453 Hwy 101st N, Nehalem, OR 97131-9734
      View Details

    Similar Nearby for Sale

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      1,274 SF

      Nehalem Commercial Building with Studio

      Commercial building with studio/workshop in downtown Nehalem, Oregon.
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      View Details
    • $995,000
      6,157 SF

      Nehalem Food Mart For Sale

      Corner storefront with residence in the heart of Nehalem.
      35800 Highway 101, Nehalem, OR 97131
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    • $2,150,000

      Nehalem River Inn Motel

      Historic Riverfront Inn, Modernized
      34910 Or-53, Nehalem, OR 97131
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    • New
      $212,000
      0.31 Acres

      Nehalem Land with Division Potential

      Vacant parcel in Nehalem, OR, with division potential.
      11000 Seamont Way, Nehalem, OR 97131
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    • $2,700,000
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      360 Acres of Coastal Land

      Rare opportunity to own a large coastal property in Oregon.
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      View Details
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    Nehalem, OR 97131-9518
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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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