Technical
Financial
Distress signals
Property profile

2620 Newberg Hwy Woodburn, OR 97071

OFF-MARKET
Drive through restaurants
Property ID
US71-0217408
2,038 SF 0.46 ac lot Built 1969
Individually Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1969
Total area 2,038 SF
Lot 0.46 ac (20,038 SF)
Zoning code CG
APN 052W12DB03800
UPID US71-0217408

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

2620 Newberg Hwy Woodburn, OR 97071-2816
Woodburn metro Census 10308 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$722k
Blend (final) Blend
$710k

Owner & transaction history

since 2018
6 recorded transactions
2018
$900,000
2016
Price N/A
1999
$260,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CG · Woodburn, OR
Zoning description

the Gateway CG Overlay District; or zero for a subject property within the DDC zoning district. D. Prohibited Adjustments: 1. Adjustments to the number of permitted dwellings and to the use of property shall be prohibite…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $730,000 +17.4%
Medical building $655,000 +5.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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