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    Property profile & analytics

    4740 Netarts W Hwy Tillamook, OR 97141-9472

    • Turn key restaurants
    • 824 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $245,000
    Location Intelligence
    Property ID
    US71-1594381
    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

    • Turn key restaurants

    Property Details for 4740 Netarts W Hwy

    Year built
    1945
    Lot size
    0.28 lot acres
    Property size
    824 SF
    Zone code
    NT-C1
    Property type
    Turn key restaurants
    APN
    2S1005-BD-00902
    APU
    2S1005BD00902

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $170,000
      6.5%
      $185,000
      7%
      $190,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $195,000
      Geo Method
      $185,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $200,000
      Retail
      $170,000
      Mixed-Use
      $160,000
      Hospitality
      $200,000
      Educational
      $160,000
      Residential Income
      $160,000
      Energy
      $175,000
      Income-Based Land
      $205,000
      Food Service
      $185,000

    Location Insight

    • Map
    • Local Demand
    City
    Tillamook
    County
    Tillamook
    State
    Oregon
    Longitude
    -123.941
    Latitude
    45.4309

    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
    $2,022
    $115,190
    $40,650
    $155,840
    -
    $263,440
    $97,340
    $360,780

    Comparable in this City

    • Value Estimation
      $580,000
      3,206 SF

      210 Main Ave

      RESTAURANT • 3,206 SF
      210 Main Ave, Tillamook, OR 97141-2220
      View Details
    • Value Estimation
      $505,000
      4,951 SF

      2065 Netarts Basin Boat Rd

      RESTAURANT • 4,951 SF
      2065 Netarts Basin Boat Rd, Tillamook, OR 97141
      View Details
    • Value Estimation by Request
      3,828 SF

      Tillamook, OR 97141

      RESTAURANT • 3,828 SF
      Tillamook, OR 97141
      View Details
    • Value Estimation
      $390,000
      3,278 SF

      500 Main N Ave

      RESTAURANT • 3,278 SF
      500 Main N Ave, Tillamook, OR 97141-9210
      View Details
    • Value Estimation
      $555,000
      4,050 SF

      1490 Pacific Ave

      RESTAURANT • 4,050 SF
      1490 Pacific Ave, Tillamook, OR 97141
      View Details
    • Value Estimation
      $335,000
      1,728 SF

      6060 Whiskey Crk Rd

      RESTAURANT • 1,728 SF
      6060 Whiskey Crk Rd, Tillamook, OR 97141-8319
      View Details

    Similar Nearby for Sale

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      Red Apple Inn and Cafe

      Turn-key motel and cafe in downtown Tillamook.
      815 Main Ave, Tillamook, OR 97141
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      Highway Retail Investment Opportunity

      Two-tenant retail property on high-traffic coastal highway.
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      Tillamook Commercial Property on Highway 101

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      Tillamook Auto Repair Business Opportunity

      Turn-key auto repair business on a 0.22 acre lot.
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    • $1,225,000
      5,297 SF

      Tillamook Bank Building - $1.225M

      Class A Bank, 5,297 SF, NNN Lease
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      Tillamook Freestanding Bank Building

      5,297 SF bank building on 0.46 AC lot.
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    Tillamook, OR 97141-9472
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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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