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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Retail space
2290 Newmark St North Bend, OR 97459-1212
Individually Owned
Absentee Owner
Free & Clear
Property ID
US71-0836136
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Total area
6,471 SF
Lot
0.18 ac (7,841 SF)
Zoning code
R-T
APN
25 S 13 W 21 AA 11700
UPID
US71-0836136
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Skin Deep Tanning Salon Tanning Salon
-
Cedar Street Laundry (Bike/Boat/Book/etc) Store
-
Aloha Sun & Nails Tanning Salon
-
Joann Hansen Realty Real Estate Agency
-
Liberty Tax Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$636k
Blend (final)
Blend
$635k
Owner & transaction history
LARRY R HUDSON
LARRY R HUDSON
Zoning & alternative use
R-T · North Bend, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
In the R-T zone, the uses permitted outright, conditional uses and regulations concerning signs, lot size, yards, height of buildings and lot coverage shall be the same as those provided in the R-5 residential zone. (Ord. 1952
Zone name
Residential Transition Zone
General category
RESIDENTIAL
Zone area
17.79 ac
Source
view
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs North Bend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Bend submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$900,000
Current use
Blend value · Realmo final
$635k
Range $572k – $699k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$98 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,199
Tax year 2023
Assessed value
$337,990
Assessed 2023
Previous assessed
$328,150
+3.0% YoY
Effective rate
1.54%
On assessed value
Land market value
$152,670
Improvement market value
$487,300
Total market value
$639,970
Applied tax rate
1,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2007
Heating
NONE
Total area
6,471 SF
Lot
0.18 ac (7,841 SF)
Zoning code
R-T
APN
25 S 13 W 21 AA 11700
UPID
US71-0836136
Jurisdiction
COOS
Zoning & alternative use
R-T · North Bend, ORZoning R-T · permitted uses
R-T · North Bend, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
In the R-T zone, the uses permitted outright, conditional uses and regulations concerning signs, lot size, yards, height of buildings and lot coverage shall be the same as those provided in the R-5 residential zone. (Ord. 1952
Zone name
Residential Transition Zone
General category
RESIDENTIAL
Zone area
17.79 ac
Source
view
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$900,000
RETAIL STORES Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Lot
0.18 ac
Current owner
From public records · entity-resolved
LARRY R HUDSON
Individual
Free & Clear · 0 yrs held
Mailing address
1330 YEW AVE, COOS BAY, OR 97420-4906
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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