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Property profile & analytics
OFF-MARKET
Estimated value
$425,000
Retail space
1445 Coast Hwy Newport, OR 97365-2442
Individually Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0863169
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1971
Construction
CONCRETE BLOCKS
Total area
2,613 SF
Lot
0.31 ac (13,504 SF)
Zoning code
C-3;HEAVY COMMERCIAL
APN
11-11-05-BD-00101-00
UPID
US71-0863169
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$790k
Blend (final)
Blend
$425k
Owner & transaction history
Lal Sidhu · 14 yrs held
Lal Sidhu
since 2012
6 recorded transactions
Zoning & alternative use
C-3;HEAVY COMMERCIAL · Newport, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
NMC Chap14 Zoning
Top alternative use upside
Commercial (general)
$630,000
+21.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Newport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newport submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$520,000
Current use
COMMERCIAL (GENERAL)
$630,000
Change: +22% · Conversion: Easy
Blend value · Realmo final
$425k
Range $383k – $468k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$163 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,650
Tax year 2023
Assessed value
$421,510
Assessed 2023
Previous assessed
$409,240
+3.0% YoY
Effective rate
1.81%
On assessed value
Land market value
$284,690
Improvement market value
$366,140
Total market value
$650,830
Applied tax rate
115.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1971
Construction
CONCRETE BLOCKS
Heating
NONE
Buildings
3
Bathrooms
1
Total area
2,613 SF
Lot
0.31 ac (13,504 SF)
Zoning code
C-3;HEAVY COMMERCIAL
APN
11-11-05-BD-00101-00
UPID
US71-0863169
Jurisdiction
LINCOLN
Zoning & alternative use
C-3;HEAVY COMMERCIAL · Newport, ORZoning C-3;HEAVY COMMERCIAL · permitted uses
C-3;HEAVY COMMERCIAL · Newport, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
NMC Chap14 Zoning
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$520,000
COMMERCIAL (GENERAL)
Est. value
$630,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1971
Construction
CONCRETE BLOCKS
Heating
NONE
Buildings
3
Bathrooms
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Lal Sidhu
Individual
Mailing address
7501 35TH AVE NE, SALEM, OR 97303-9607
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2021
—
Lal Sidhu
—
Deed
related
$365,542 · Umpqua Bk
Jun 21, 2017
—
Lal Sidhu
—
Trustees Deed
related
$700,000 · Salem Hotel Group LLC
Jun 22, 2012
—
Lal Sidhu
Valencia,custodio
Grant Deed
related
$234,000 · Umpqua Bank
—
—
Parveen Sidhu
—
Deed Of Trust
related
$98,600 · Wells Fargo Bank
—
—
Lal Sidhu
—
Deed Of Trust
related
$364,000 · Harrington LP
—
—
Lal Sidhu
—
Deed Of Trust
related
$365,542 · Umpqua Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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