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    Property profile & analytics

    3878 Nn Bank Rd Otis, OR 97368-9326

    • Specialty properties
    • 4,092 SF
    • 2.11 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-0375555
    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

    • Specialty properties

    Property Details for 3878 Nn Bank Rd

    Lot size
    2.11 lot acres
    Property size
    4,092 SF
    Zone code
    C-1;COMMERCIAL
    Property type
    Specialty properties
    APN
    06-10-35-BC-00800-00
    APU
    061035BC0080000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Otis
    County
    Lincoln
    State
    Oregon
    Longitude
    -123.883
    Latitude
    45.0107
    CBSA code
    35440
    CBSA name
    NEWPORT, OR MICROPOLITAN 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
    $3,862
    $0.00
    $0.00
    $311,850
    -
    $182,390
    $453,800
    $636,190

    Comparable in this City

    • Value Estimation by Request
      13,280 SF

      7499 Fraser Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 13,280 SF
      7499 Fraser Rd, Otis, OR 97368-9684
      View Details
    • Value Estimation by Request
      2,976 SF

      5371 Salmon Riv Hwy

      PROFESSIONAL CLUBS/ASSOCIATIONS • 2,976 SF
      5371 Salmon Riv Hwy, Otis, OR 97368
      View Details
    • Value Estimation by Request
      192 SF

      Otis, OR 97368

      PROFESSIONAL CLUBS/ASSOCIATIONS • 192 SF
      Otis, OR 97368
      View Details
    • Value Estimation by Request
      62.03 Acres

      7475 Fraser Rd

      CHARITABLE ORGANIZATION • 62.03 Acres
      7475 Fraser Rd, Otis, OR 97368-9684
      View Details
    • Value Estimation
      $385,000
      700 SF

      117 Yodel Ln

      CHARITABLE ORGANIZATION • 700 SF
      117 Yodel Ln, Otis, OR 97368-9309
      View Details
    • Value Estimation by Request
      0.27 Acres

      Otis, OR 97368

      CHARITABLE ORGANIZATION • 0.27 Acres
      Otis, OR 97368
      View Details

    Similar Nearby for Sale

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      Otis Land For Sale

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      3045 Elderberry Ln, Otis, OR 97368
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    • New
      $85,000
      Pending

      Residential Land in Otis, Oregon

      Vacant lots with septic tank in Otis, Oregon.
      411 N Fawn Dr, Otis, OR 97368
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    • New
      $39,900
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      Otis Land Near Slick Rock

      0.23-acre lot near creek, suitable for residential construction.
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    • $329,000
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      Acreage in Otis near Coast

      10.34 acre parcel with creek frontage and mountain views.
      200 N Echo Mountain Rd, Otis, OR 97368
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    • $159,000
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      Otis Land with Creek Views

      Residential land in Otis with septic approval and water meter.
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      Land with creek frontage near Lincoln City's attractions.
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    3878 Nn Bank Rd
    Otis, OR 97368-9326
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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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