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    Property profile & analytics

    2121 Newmark St North Bend, OR 97459-1219

    • Grocery and convenience stores
    • 37,944 SF
    • 2.33 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 23, 2024
    Location Intelligence
    Property ID
    US71-0946965
    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

    • Big Lots / Discount Store / Furniture Store

    Property Details for 2121 Newmark St

    Year built
    1966
    Lot size
    2.33 lot acres
    Property size
    37,944 SF
    Zone code
    C-G
    Property type
    Grocery and convenience stores
    APN
    25 S 13 W 21 AD 500
    APU
    25S13W21AD500

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North Bend
    County
    Coos
    State
    Oregon
    Longitude
    -124.241
    Latitude
    43.3907
    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
    $39,615
    $0.00
    $0.00
    $2,641,030
    -
    $1,088,840
    $1,552,190
    $2,641,030

    Comparable in this City

    • Value Estimation by Request
      0.17 Acres

      1700 Sherman Ave

      CONVENIENCE STORE (W/FUEL PUMP) • 0.17 Acres
      1700 Sherman Ave, North Bend, OR 97459-3534
      View Details
    • Value Estimation by Request

      770 Virginia Ave

      GROCERY, SUPERMARKET
      770 Virginia Ave, North Bend, OR 97459-3428
      View Details
    • Value Estimation by Request

      1960 Sherman Ave

      CONVENIENCE STORE
      1960 Sherman Ave, North Bend, OR 97459-3420
      View Details
    • Value Estimation by Request
      3,976 SF

      1585 Sherman Ave

      CONVENIENCE STORE • 3,976 SF
      1585 Sherman Ave, North Bend, OR 97459-3632
      View Details
    • Value Estimation by Request
      1,286 SF

      2506 Sherman Ave

      CONVENIENCE STORE • 1,286 SF
      2506 Sherman Ave, North Bend, OR 97459-3254
      View Details
    • Value Estimation by Request
      0.57 Acres

      1300 Virginia Ave

      CONVENIENCE STORE (W/FUEL PUMP) • 0.57 Acres
      1300 Virginia Ave, North Bend, OR 97459-2718
      View Details

    Similar Nearby for Sale

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      $799,000
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      Two commercial buildings with restaurant and bar, fully furnished.
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    • New
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      North Bend Duplex Investment Opportunity

      Duplex near bay and shopping with two units and backyard.
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    • New
      $199,000
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      Two tax lots in a park-like setting near sand dunes.
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    Property Visit Statistics

    • Visits by month
      21.2k
    • Visitors by month
      14.5k
    • Avg Time on site
      22 min
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    2121 Newmark St
    North Bend, OR 97459-1219
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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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