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Financial
Distress signals
Property profile

2121 Newmark St North Bend, OR 97459

OFF-MARKET
Grocery and convenience stores
Property ID
US71-0946965
37,944 SF 2.33 ac lot Built 1966
Last sale May 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This property is a strip mall configured for tenant occupancy and is subject to an existing leasing arrangement in which the tenant reimburses the landlord for real estate taxes and is responsible for operating expenses including CAM charges, along with property insurance and liability coverage. The lease term is structured to end on 1/31/2027 and includes four additional five-year extension options, with a scheduled 10% increase in base rent during each option period.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$40k
Tax billed · 2023
Assessed value$2.64M
Effective rate1.50%

Value estimate

· Oct 2026
$4.97M
$4.47M – $5.46M
Submarket $/SF estimate$4.97M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$139/SF
County average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$61 – $193

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-G
In a C-G zone, uses shall be subject to the following limitations: (1) All business, service, processing, storage, or display of merchand...
General categoryCOMMERCIAL
JurisdictionCOOS

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.9
HVAC Service10.5
Realty agency9.9

Location

2121 Newmark St North Bend, OR 97459-1219
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2051 Sherman, North Bend, OR 97459-3306 $190,000 Jan 2025 3,000 SF
3219 Broadway, North Bend, OR 97459-2225 $535,000 Oct 2023 6,322 SF
2356 Broadway, North Bend, OR 97459-1631 $650,000 Jun 2023 4,350 SF
1750 Sherman, North Bend, OR 97459-3534 $240,000 Nov 2021 5,644 SF
3133 Broadway, North Bend, OR 97459-2223 $1,000,000 Jul 2020 25,240 SF
1901 Sherman, North Bend, OR 97459-3419 $410,000 Jan 2020 4,775 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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