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    Property profile & analytics

    2005 Coast Hwy Newport, OR 97365-1706

    • Retail space
    • 14,550 SF
    • 0.94 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 01, 2021
    $9,175
    Location Intelligence
    Property ID
    US71-0775548
    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

    • Diamonds By the Sea / Jewelry Store / Diamond Dealer

    Property Details for 2005 Coast Hwy

    Year built
    1988
    Construction
    CONCRETE BLOCKS
    Lot size
    0.94 lot acres
    Property size
    14,550 SF
    Zone code
    C-1;COMMERCIAL
    Property type
    Retail space
    APN
    11-11-05-BA-00300-00
    APU
    111105BA0030000

    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
    -124.054
    Latitude
    44.6519
    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
    $27,755
    $0.00
    $0.00
    $1,529,380
    -
    $712,000
    $1,972,790
    $2,684,790

    Comparable in this City

    • Value Estimation by Request
      0.04 Acres

      Newport, OR 97365

      RETAIL STORES (PERSONAL SERVICES) • 0.04 Acres
      Newport, OR 97365
      View Details
    • Value Estimation by Request

      Newport, OR 97365

      RETAIL STORES (PERSONAL SERVICES)
      Newport, OR 97365
      View Details
    • Value Estimation by Request
      7,140 SF

      110 55th St

      RETAIL STORES (PERSONAL SERVICES) • 7,140 SF
      110 55th St, Newport, OR 97365-1234
      View Details
    • Value Estimation by Request
      1,525 SF

      845 Bay Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,525 SF
      845 Bay Blvd, Newport, OR 97365-4837
      View Details
    • Value Estimation by Request
      8,832 SF

      1030 Coast Hwy

      RETAIL STORES (PERSONAL SERVICES) • 8,832 SF
      1030 Coast Hwy, Newport, OR 97365-3146
      View Details
    • Value Estimation by Request
      1,164 SF

      414 Coast Hwy

      RETAIL STORES (PERSONAL SERVICES) • 1,164 SF
      414 Coast Hwy, Newport, OR 97365-4930
      View Details

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      Newport Commercial Investment Opportunity

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      Newport Commercial Building on Highway 101

      Two-story commercial building with income potential in central Newport.
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    2005 Coast Hwy
    Newport, OR 97365-1706
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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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