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    Property profile & analytics

    135 62nd St, Unit 2 Newport, OR 97366-9705

    • Distribution centers
    • 3,000 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-1031667
    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

    • Quality Concrete Construction / Concrete Contractor

    Property Details for 135 62nd St

    Year built
    2000
    Construction
    CONCRETE BLOCKS
    Lot size
    0.12 lot acres
    Property size
    3,000 SF
    Zone code
    I-P,UGB;PLANNED INDUSTRIA
    Property type
    Distribution centers
    APN
    11-11-29-BB-00900-00
    APU
    111129BB0090000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Lincoln
    State
    Oregon
    Longitude
    -124.061
    Latitude
    44.5932
    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
    $2,120
    $0.00
    $0.00
    $156,000
    -
    $52,910
    $162,680
    $215,590

    Comparable in this City

    • Value Estimation by Request
      1,728 SF

      130 32nd St

      DISTRIBUTION WAREHOUSE • 1,728 SF
      130 32nd St, Newport, OR 97366
      View Details
    • Value Estimation by Request
      1,152 SF

      25 62nd St

      DISTRIBUTION WAREHOUSE • 1,152 SF
      25 62nd St, Newport, OR 97366
      View Details
    • Value Estimation by Request
      38,700 SF

      4926 Coast Hwy

      DISTRIBUTION WAREHOUSE • 38,700 SF
      4926 Coast Hwy, South Beach, OR 97366-9646
      View Details
    • Value Estimation by Request
      0.12 Acres

      40 62nd St

      DISTRIBUTION WAREHOUSE • 0.12 Acres
      40 62nd St, South Beach, OR 97366
      View Details
    • Value Estimation by Request
      14,272 SF

      3503 Coast Hwy

      DISTRIBUTION WAREHOUSE • 14,272 SF
      3503 Coast Hwy, South Beach, OR 97366-6902
      View Details
    • Value Estimation by Request
      9,758 SF

      3804 Coast Hwy

      DISTRIBUTION WAREHOUSE • 9,758 SF
      3804 Coast Hwy, South Beach, OR 97366-6901
      View Details

    Similar Nearby for Sale

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      3-acre lot with ocean views, septic approval, and housing plans.
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    • $319,000
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      TL 1500 SE Bracken Terr

      Land • 3.00 Acres
      0 Bracken Ter, South Beach, OR 97366
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    • $243,500
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      Land Near Beach Access

      Prime lot near beach access in South Beach, Oregon.
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    135 62nd St, Unit 2
    Newport, OR 97366-9705
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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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