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Financial
Distress signals
Property profile

1385 Newmark Ave Coos Bay, OR 97420

FOR SALE
Grocery and convenience stores
Property ID
US71-0495373
15,936 SF 1.28 ac lot Built 1978
Last sale Aug 2019 · $1,844,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Built in 1978, the property is a vacant flex space within a steel-framed commercial building that combines warehouse and retail functionality. The interior is arranged in an open layout with high ceilings, and includes a small office, breakroom, storage area, and a receiving dock. Exterior features include a parking lot, landscaping, and prominent signage. The property is located on Newmark Ave in Coos Bay along an arterial roadway and is zoned C, supporting uses consistent with a combined retail and warehouse owner-user configuration.

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?
$15k
Tax billed · 2023
Assessed value$865k
Effective rate1.74%

Value estimate

· Oct 2026
$1.83M
$1.65M – $2.01M
Submarket $/SF estimate$1.24M
NOI build-up
Gross scheduled income$210k
Vacancy & credit loss−$8k
Operating expenses−$71k
NOI · 8.79% cap applied$131k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$100/SF
ZIP average, outlier-cleaned · 16 recorded sales of this use type
Observed band · Q1–Q3$68 – $139

Cap rate analysis

How does the asset earn?
8.79%
$131k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-2
JurisdictionCOOS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.2
Law Firm17.9
Hair Salon15.6

Location

1385 Newmark Ave Coos Bay, OR 97420
County assessor Recorded deeds · 2 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1815 Bayshore, Coos Bay, OR 97420 $1,500,000 Apr 2024 14,400 SF
222 Broadway, Coos Bay, OR 97420-1651 $650,000 Feb 2024 9,888 SF
990 2nd, Coos Bay, OR 97420-1405 $929,825 Aug 2023 10,500 SF
1000 Bayshore, Coos Bay, OR 97420-4902 $700,000 Jul 2022 8,152 SF
775 Frnt, Coos Bay, OR 97420-2371 $1,000,000 Dec 2021 10,300 SF
1035 Broadway, Coos Bay, OR 97420 $464,000 Jul 2021 8,400 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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