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    Property profile & analytics

    208 Marine Ave Newport Beach, CA 92662-1204

    • Retail space
    • 1,248 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $2,305,000
    Last Sale
    May 25, 2022
    $2,375,000
    Location Intelligence
    Property ID
    US09-3403192
    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

    • Balboa Jerky Company / Meat Products Store
    • Made In Earth Newport Beach-Natural Crystal Gemstone Gallery / Jewelry Store
    • Lewis Family Plumbers / Plumber
    • Milligram Los Angeles / Women'S Clothing Store

    Property Details for 208 Marine Ave

    Year built
    1941
    Lot size
    0.05 lot acres
    Property size
    1,248 SF
    Property type
    Retail space
    APN
    050-163-10
    APU
    5016310

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,545,000
      6.5%
      $2,260,000
      7%
      $2,380,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,260,000
      Geo Method
      $2,630,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,780,000
      Retail
      $2,250,000
      Mixed-Use
      $2,155,000
      Hospitality
      $2,465,000
      Educational
      $2,715,000
      Residential Income
      $2,520,000
      Energy
      $2,250,000
      Income-Based Land
      $2,430,000
      Food Service
      $2,390,000

    Location Insight

    • Map
    • Local Demand
    City
    Newport Beach
    County
    Orange
    State
    California
    Longitude
    -117.89
    Latitude
    33.6061
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN 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
    2024
    $28,052
    $2,203,637
    $173,275
    $2,376,912
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,428 SF

      216 Marine Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,428 SF
      216 Marine Ave, Newport Beach, CA 92662-1204
      View Details
    • Value Estimation
      $320,000
      1,960 SF

      204 Marine Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,960 SF
      204 Marine Ave, Newport Beach, CA 92662-1204
      View Details
    • Value Estimation by Request
      4,130 SF

      210 Marine Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,130 SF
      210 Marine Ave, Newport Beach, CA 92662-1248
      View Details
    • Value Estimation
      $315,000
      1,888 SF

      214 Marine Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,888 SF
      214 Marine Ave, Newport Beach, CA 92662-1204
      View Details
    • Value Estimation by Request
      1,809 SF

      213 Marine Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,809 SF
      213 Marine Ave, Newport Beach, CA 92662-1203
      View Details
    • Value Estimation
      $2,900,000
      1,134 SF

      310 Marine Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,134 SF
      310 Marine Ave, Newport Beach, CA 92662-1206
      View Details

    Similar Nearby for Sale

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      Balboa Island Mixed-Use Income Property

      Mixed-use building on Balboa Island, walking distance to dining.
      215 Marine Ave, Newport Beach, CA 92662
      View Details
    • $150,000

      Land Opportunity in Newport Beach

      Land available for sale in Newport Beach, California.
      324 324, Newport Beach, CA 92662
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    • $3,295,000

      Balboa Island Mid-Century Duplex

      Charming duplex on Balboa Island with income potential.
      212 Opal Ave, Newport Beach, CA 92662
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      Land For Sale

      Land available for purchase.
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      View Details
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    208 Marine Ave
    Newport Beach, CA 92662-1204
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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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