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    Property profile & analytics

    12955 Highway 101 N Nehalem, OR 97131

    • Flex space
    • 960 SF
    • 0.14 lot acres
    For Sale
    View listing
    $300,000
    Value Estimation
    Last Sale
    Jan 17, 2020
    $170,000
    Location Intelligence
    Property ID
    US71-0764862
    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

    • Flex space

    Property Details for 12955 Highway 101 N

    Year built
    1920
    Lot size
    0.14 lot acres
    Property size
    960 SF
    Zone code
    C-2
    Property type
    Flex space
    APN
    3N1027-CA-02401
    APU
    3N1027CA02401

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $195,000

    • CAP approach

      CAP return
      Estimation
      6%
      $190,000
      6.5%
      $190,000
      7%
      $190,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $160,000
      Geo Method
      $180,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $140,000
      Retail
      $135,000
      Mixed-Use
      $160,000
      Hospitality
      $160,000
      Educational
      $160,000
      Residential Income
      $130,000
      Energy
      $160,000
      Income-Based Land
      $160,000
      Food Service
      $165,000

    Location Insight

    • Map
    • Local Demand
    City
    Nehalem
    County
    Tillamook
    State
    Oregon
    Longitude
    -123.896
    Latitude
    45.7174

    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
    $1,548
    $77,830
    $39,820
    $117,650
    -
    $89,650
    $38,990
    $128,640

    Comparable in this City

    • Value Estimation by Request
      819 SF

      10445 Neahkahnie Crk Rd

      LIGHT INDUSTRIAL • 819 SF
      10445 Neahkahnie Crk Rd, Nehalem, OR 97131-9023
      View Details
    • Value Estimation
      $215,000
      4,584 SF

      36490 Hwy 101st N

      LIGHT INDUSTRIAL • 4,584 SF
      36490 Hwy 101st N, Nehalem, OR 97131-9720
      View Details
    • Value Estimation
      $345,000
      1,588 SF

      36050 7th St

      LIGHT INDUSTRIAL • 1,588 SF
      36050 7th St, Nehalem, OR 97131-9824
      View Details
    • Value Estimation
      $385,000
      4,200 SF

      35900 9th St

      WAREHOUSE, STORAGE • 4,200 SF
      35900 9th St, Nehalem, OR 97131-9837
      View Details
    • Value Estimation
      $460,000
      23,450 SF

      36180 Hwy 101st N

      MINI-WAREHOUSE, STORAGE • 23,450 SF
      36180 Hwy 101st N, Nehalem, OR 97131-9702
      View Details
    • Value Estimation
      $365,000
      11,640 SF

      38000 Northfork Rd

      INDUSTRIAL (GENERAL) • 11,640 SF
      38000 Northfork Rd, Nehalem, OR 97131-9361
      View Details

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      Nehalem Commercial Building with Studio

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    Nehalem, OR 97131
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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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