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    Property profile & analytics

    2203 3rd St Tillamook, OR 97141-2434

    • Turn key restaurants
    • 3,262 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 20, 2023
    $13,752
    Location Intelligence
    Property ID
    US71-0638382
    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

    • Turn key restaurants

    Property Details for 2203 3rd St

    Year built
    1905
    Lot size
    0.25 lot acres
    Property size
    3,262 SF
    Zone code
    TM-C-C
    Property type
    Turn key restaurants
    APN
    1S0930-CB-01000
    APU
    1S0930CB01000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tillamook
    County
    Tillamook
    State
    Oregon
    Longitude
    -123.842
    Latitude
    45.4561

    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
    $3,913
    $159,010
    $167,300
    $326,310
    -
    $132,170
    $308,950
    $441,120

    Comparable in this City

    • Value Estimation
      $290,000
      2,657 SF

      1145 Main N Ave

      RESTAURANT • 2,657 SF
      1145 Main N Ave, Tillamook, OR 97141-7711
      View Details
    • Value Estimation
      $350,000
      5,264 SF

      206 Main Ave

      RESTAURANT • 5,264 SF
      206 Main Ave, Tillamook, OR 97141-2220
      View Details
    • Value Estimation by Request
      263 SF

      17175 Wilson Riv Hwy

      RESTAURANT • 263 SF
      17175 Wilson Riv Hwy, Tillamook, OR 97141-9117
      View Details
    • Value Estimation
      $320,000
      0.70 Acres

      17345 Wilson Riv Hwy

      RESTAURANT • 0.70 Acres
      17345 Wilson Riv Hwy, Tillamook, OR 97141-9146
      View Details
    • Value Estimation
      $580,000
      3,206 SF

      210 Main Ave

      RESTAURANT • 3,206 SF
      210 Main Ave, Tillamook, OR 97141-2220
      View Details
    • Value Estimation
      $505,000
      4,951 SF

      2065 Netarts Basin Boat Rd

      RESTAURANT • 4,951 SF
      2065 Netarts Basin Boat Rd, Tillamook, OR 97141
      View Details

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      Tillamook Auto Repair Business Opportunity

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    • $1,225,000
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      Tillamook Bank Building - $1.225M

      Class A Bank, 5,297 SF, NNN Lease
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      Tillamook Freestanding Bank Building

      5,297 SF bank building on 0.46 AC lot.
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    Tillamook, OR 97141-2434
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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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