Technical
Financial
Distress signals
Property profile

313 2nd St Newport, OR 97365

OFF-MARKET
Office Spaces
Property ID
US71-0408952
2,405 SF 0.1 ac lot Built 1977
Individually Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1977
Construction WOOD
Total area 2,405 SF
Lot 0.1 ac (4,356 SF)
Zoning code C-1;COMMERCIAL
APN 11-11-08-BD-00100-00
UPID US71-0408952

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
  • Research Institute
  • Medical Clinic
  • Insurance Agency
  • Association Or Organization

Location

313 2nd St Newport, OR 97365-3800
Newport metro Census 951000 NEWPORT, OR MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$557k
Blend (final) Blend
$525k

Owner & transaction history

since 2025
Last sale
$585,000
3 recorded transactions
2025
$585,000
2019
Price N/A
2014
Price N/A

Zoning & alternative use

C-1;COMMERCIAL · Newport, OR

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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