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Property profile & analytics
OFF-MARKET
Estimated value
$3,055,000
Retail space
1995 Newmark Ave Coos Bay, OR 97420-4727
Entity Owned
6-yr Hold
Free & Clear
Property ID
US71-0947137
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Total area
24,250 SF
Lot
1.74 ac (75,794 SF)
Zoning code
C-2
APN
25 S 13 W 21 BC 1100
UPID
US71-0947137
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
$3.95M
Comparable Approach
Comparable
$3.36M
Blend (final)
Blend
$3.06M
Owner & transaction history
The Carrington Company · 6 yrs held
The Carrington Company
since 2020
Last sale
$2.3M
1 recorded transaction
Zoning & alternative use
C-2 · Coos Bay, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.1M
+107.6%
Commercial (general)
$4.5M
+86.1%
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 Coos Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coos Bay 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
$3,025,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,280,000
6.5%
$3,950,000
7%
$3,665,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,430,000
Current use
OFFICE BUILDING
$5,050,000
Change: +108% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,525,000
Change: +86% · Conversion: Easy
Blend value · Realmo final
$3.06M
Range $2.75M – $3.36M · ±10% · vs last sale $2.33M (Mar 20 2020)
Last sale anchor
$2.33M
Mar 20 2020
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
$126 / 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
$50,033
Tax year 2023
Assessed value
$2,881,890
Assessed 2023
Previous assessed
$2,797,960
+3.0% YoY
Effective rate
1.74%
On assessed value
Land market value
$1,306,190
Improvement market value
$2,610,040
Total market value
$3,916,230
Applied tax rate
900.0000
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
1999
Heating
NONE
Total area
24,250 SF
Lot
1.74 ac (75,794 SF)
Zoning code
C-2
APN
25 S 13 W 21 BC 1100
UPID
US71-0947137
Jurisdiction
COOS
Zoning & alternative use
C-2 · Coos Bay, OR
Zoning C-2 · permitted uses
C-2 · Coos Bay, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coos Bay. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.4M
OFFICE BUILDING
Est. value
$5.1M
COMMERCIAL (GENERAL)
Est. value
$4.5M
RETAIL STORES Current
OFFICE BUILDING
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
1999
Heating
NONE
Lot
1.74 ac
Current owner
From public records · entity-resolved
The Carrington Company
Entity
Free & Clear · 6 yrs held
Mailing address
500 STAPLES DR, EUREKA, CA 95501
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2020
$2,325,000
The Carrington Company
J Paul De Vos
Warranty Deed
—
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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