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    Property profile & analytics

    2700 Portland Rd Newberg, OR 97132-1927

    • Automotive properties
    • 5.33 lot acres
    OFF-MARKET
    Value Estimation
    $5,550,000
    Last Sale
    Jan 04, 2021
    $5,200,000
    Location Intelligence
    Property ID
    US71-1002852
    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

    • Chevrolet Parts / Auto Parts Store
    • Newberg Chevrolet Service / Auto Repair Shop
    • Newberg Chevrolet / Auto Parts Store / Truck Dealer

    Property Details for 2700 Portland Rd

    Lot size
    5.33 lot acres
    Property type
    Automotive properties
    APN
    R3220AA 00801
    APU
    R3220AA00801

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,795,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,200,000
      6.5%
      $5,005,000
      7%
      $4,800,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,610,000
      Geo Method
      $4,410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,695,000
      Retail
      $4,830,000
      Mixed-Use
      $4,680,000
      Hospitality
      $5,330,000
      Educational
      $4,440,000
      Residential Income
      $4,950,000
      Energy
      $6,055,000
      Income-Based Land
      $4,920,000
      Food Service
      $5,485,000

    Location Insight

    • Map
    • Local Demand
    City
    Newberg
    County
    Yamhill
    State
    Oregon
    Longitude
    -122.952
    Latitude
    45.304
    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
    $48,605
    $0.00
    $0.00
    $3,056,971
    -
    $3,878,108
    $2,357,237
    $6,235,345

    Comparable in this City

    • Value Estimation by Request
      3.00 Acres

      3900 Portland Rd

      VEHICLE SALES, RENTALS • 3.00 Acres
      3900 Portland Rd, Newberg, OR 97132-7283
      View Details
    • Value Estimation
      $5,055,000
      1.69 Acres

      2809 Portland Rd

      VEHICLE SALES, RENTALS • 1.69 Acres
      2809 Portland Rd, Newberg, OR 97132-1928
      View Details
    • Value Estimation by Request
      0.32 Acres

      108 Meridian St

      AUTO REPAIR, GARAGE • 0.32 Acres
      108 Meridian St, Newberg, OR 97132-3149
      View Details
    • Value Estimation
      $685,000
      0.24 Acres

      203 1st St

      AUTO REPAIR, GARAGE • 0.24 Acres
      203 1st St, Newberg, OR 97132-2903
      View Details
    • Value Estimation
      $2,340,000
      0.35 Acres

      1500 Portland Rd

      SERVICE STATION WITH FOOD MART • 0.35 Acres
      1500 Portland Rd, Newberg, OR 97132-1845
      View Details
    • Value Estimation by Request
      0.24 Acres

      701 Deborah Rd

      AUTO REPAIR, GARAGE • 0.24 Acres
      701 Deborah Rd, Newberg, OR 97132-5413
      View Details

    Similar Nearby for Sale

    • $1,840,000
      8,781 SF

      Retail Property in Newberg, Oregon

      Retail property available for sale in Newberg, Oregon.
      2316 E Portland Rd, Newberg, OR 97132
      View Details
    • $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
    • $1,995,000
      6,268 SF

      Office-Retail Investment Property on 99W

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

      Newberg Mountaintop Homesite

      8.92 Acres, Valley Views, Build Your Dream Home
      29920 Mountain Top Rd, Newberg, OR 97132
      View Details
    • Contact for pricing

      Entitled Land Parcel For Sale

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

      Affordable Mobile Home in Newberg

      Comfortable 2-bedroom mobile home with community amenities in Newberg, Oregon.
      2902 E 2Nd St, Newberg, OR 97132
      View Details

    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
    • 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
    • $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
    • $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
    • $30 SF/Yr
      19,628 SF

      The Deborah Building: Newberg Office Space

      1,749 SF Executive/Medical Office Suite Available
      700 Deborah Rd, Newberg, OR 97132
      View Details
    • Contact for pricing

      Newberg Commercial Land for Lease

      Two commercial land opportunities available for lease in Newberg, Oregon.
      2210 E Portland Rd, Newberg, OR 97132
      View Details
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    2700 Portland Rd
    Newberg, OR 97132-1927
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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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