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    Property profile & analytics

    2512 Portland Rd Newberg, OR 97132-1923

    • Turn key restaurants
    • 1.46 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-0199154
    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

    • Discount Fireworks Superstore / Fireworks Store
    • Round Table Pizza / Video Arcade / Wine Store

    Property Details for 2512 Portland Rd

    Lot size
    1.46 lot acres
    Zone code
    C
    Property type
    Turn key restaurants
    APN
    R3220AA 01004
    APU
    R3220AA01004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newberg
    County
    Yamhill
    State
    Oregon
    Longitude
    -122.954
    Latitude
    45.3034
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA 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
    2023
    $21,032
    $0.00
    $0.00
    $1,336,954
    -
    $872,539
    $464,415
    $1,336,954

    Comparable in this City

    • Value Estimation by Request
      0.05 Acres

      307 1st St

      RESTAURANT • 0.05 Acres
      307 1st St, Newberg, OR 97132-2905
      View Details
    • Value Estimation by Request
      0.14 Acres

      203 Villa Rd

      RESTAURANT • 0.14 Acres
      203 Villa Rd, Newberg, OR 97132-1828
      View Details
    • Value Estimation by Request
      1,848 SF

      400 1st St

      RESTAURANT • 1,848 SF
      400 1st St, Newberg, OR 97132-2908
      View Details
    • Value Estimation
      $750,000
      0.25 Acres

      808 Hancock St

      RESTAURANT • 0.25 Acres
      808 Hancock St, Newberg, OR 97132-2833
      View Details
    • Value Estimation by Request
      0.12 Acres

      507 1st St

      RESTAURANT • 0.12 Acres
      507 1st St, Newberg, OR 97132-2909
      View Details
    • Value Estimation by Request
      0.12 Acres

      603 1st St

      RESTAURANT • 0.12 Acres
      603 1st St, Newberg, OR 97132-2911
      View Details

    Similar Nearby for Sale

    • $1,995,000
      6,268 SF

      Leased Office/Retail Complex For Sale

      Fully leased office and retail complex in Newberg, Oregon.
      2913 Portland Rd, Newberg, OR 97132
      View Details
    • $1,840,000
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      Retail Property in Newberg, Oregon

      Retail property available for sale in Newberg, Oregon.
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    • $1,995,000
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      Office-Retail Investment Property on 99W

      Well-maintained investment property with long-term tenants in a prominent location.
      2911 Portland Rd, Newberg, OR 97132
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    • $425,000
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      Newberg Mountaintop Homesite

      8.92 Acres, Valley Views, Build Your Dream Home
      29920 Mountain Top Rd, Newberg, OR 97132
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      Entitled Land Parcel For Sale

      0.82 acre C-2 zoned parcel entitled for 28 units.
      3200 E Haworth Ave, Newberg, OR 97132
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    • $94,900

      Affordable Mobile Home in Newberg

      Comfortable 2-bedroom mobile home with community amenities in Newberg, Oregon.
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    Similar Nearby for Lease

    • Contact for pricing
      6,957 SF

      Retail Space on Hwy 99W

      New retail development with high visibility and access.
      4105 E Crestview Dr, Newberg, OR 97132
      View Details
    • $1.85 SF/Yr
      1,000 SF

      Retail Space on Highway 99

      Retail space with high traffic and pylon signage.
      2510 Portland Rd, Newberg, OR 97132
      View Details
    • Contact for pricing
      143,176 SF

      Retail Space in Fred Meyer Center

      Retail/service suite in Fred Meyer-anchored center with excellent visibility.
      3300 Portland Rd, Newberg, OR 97132
      View Details
    • $2,850 /Mo
      1,430 SF

      Newberg Professional Center Office Space

      Centrally located office space available for rent in Newberg.
      434 N Villa Rd, Newberg, OR 97132
      View Details
    • Contact for pricing

      Commercial Land for Lease

      1.46 acre commercial land with drive-thru potential.
      2512 E Portland Rd, Newberg, OR 97132
      View Details
    • $4,500 /Mo
      2,600 SF

      Newberg Industrial Building For Lease

      3,200 SF industrial building with fenced yard and recent updates.
      2710 E Hancock St, Newberg, OR 97132
      View Details

    Property Visit Statistics

    • Visits by month
      13.5k
    • Visitors by month
      12.3k
    • Avg Time on site
      10 min
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    2512 Portland Rd
    Newberg, OR 97132-1923
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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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