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    Property profile & analytics

    2021 Newmark Ave Coos Bay, OR 97420-4728

    • Drive through restaurants
    • 2,824 SF
    • 0.92 lot acres
    OFF-MARKET
    Value Estimation
    $1,970,000
    Last Sale
    Mar 04, 2024
    $1,950,000
    Location Intelligence
    Property ID
    US71-0716813
    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

    • Drive through restaurants

    Property Details for 2021 Newmark Ave

    Year built
    1992
    Lot size
    0.92 lot acres
    Property size
    2,824 SF
    Zone code
    C-2
    Property type
    Drive through restaurants
    APN
    25 S 13 W 21 BD 200
    APU
    25S13W21BD200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,950,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,965,000
      6.5%
      $2,055,000
      7%
      $2,030,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,055,000
      Geo Method
      $1,900,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,980,000
      Retail
      $2,255,000
      Mixed-Use
      $2,295,000
      Hospitality
      $1,905,000
      Educational
      $2,295,000
      Residential Income
      $2,115,000
      Energy
      $2,140,000
      Income-Based Land
      $1,770,000
      Food Service
      $1,875,000

    Location Insight

    • Map
    • Local Demand
    City
    Coos Bay
    County
    Coos
    State
    Oregon
    Longitude
    -124.253
    Latitude
    43.3912
    CBSA code
    18300
    CBSA name
    COOS BAY, 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
    $15,908
    $0.00
    $0.00
    $916,310
    -
    $688,980
    $587,880
    $1,276,860

    Comparable in this City

    • Value Estimation by Request
      1,956 SF

      1175 Newmark Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,956 SF
      1175 Newmark Ave, Coos Bay, OR 97420-3163
      View Details
    • Value Estimation by Request
      4,974 SF

      772 Broadway

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,974 SF
      772 Broadway, Coos Bay, OR 97420-1542
      View Details
    • Value Estimation by Request
      3,810 SF

      275 Golden Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,810 SF
      275 Golden Ave, Coos Bay, OR 97420-1547
      View Details
    • Value Estimation by Request
      2,574 SF

      925 Broadway

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,574 SF
      925 Broadway, Coos Bay, OR 97420-1448
      View Details
    • Value Estimation by Request
      2,255 SF

      1015 1st St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,255 SF
      1015 1st St, Coos Bay, OR 97420-4110
      View Details
    • Value Estimation
      $690,000
      0.06 Acres

      134 Broadway

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.06 Acres
      134 Broadway, Coos Bay, OR 97420-1615
      View Details

    Similar Nearby for Sale

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    • New
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      Established Tavern in Coos Bay

      Beloved neighborhood tavern for sale with real estate and business.
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    • $100,000

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      Beloved cafe in Coos Bay with endless growth potential.
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    • New
      $639,000
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      Versatile Shop on Large Parcel

      Commercial shop with residential zoning offers development potential.
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    • New
      $799,995
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      Prime Redevelopment Opportunity, Coos Bay

      High-visibility commercial lot suitable for redevelopment in a growing market.
      1399 Newmark Ave, Coos Bay, OR 97420
      View Details

    Property Visit Statistics

    • Visits by month
      11.8k
    • Visitors by month
      7.1k
    • Avg Time on site
      11 min
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    2021 Newmark Ave
    Coos Bay, OR 97420-4728
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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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