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Property profile & analytics
OFF-MARKET
Turn key restaurants
610 Coast Hwy, Newport, OR 97365-3152
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US71-0091093
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2006
Construction
WOOD
Total area
341 SF
Lot
0.22 ac (9,583 SF)
Zoning code
C-1;COMMERCIAL
APN
11-11-05-DC-03400-00
UPID
US71-0091093
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Human Bean Cafe & Coffee Shop
-
The Human Bean Newport, N. Coast Hwy Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Breakers LLC · 10 yrs held
Breakers LLC
since 2015
4 recorded transactions
Zoning & alternative use
C-1;COMMERCIAL · Newport, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Newport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newport submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,287
Tax year 2023
Assessed value
$291,350
Assessed 2023
Previous assessed
$282,870
+3.0% YoY
Effective rate
1.81%
On assessed value
Land market value
$203,110
Improvement market value
$172,930
Total market value
$376,040
Applied tax rate
115.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
NONE
Buildings
2
Total area
341 SF
Lot
0.22 ac (9,583 SF)
Zoning code
C-1;COMMERCIAL
APN
11-11-05-DC-03400-00
UPID
US71-0091093
Jurisdiction
LINCOLN
Zoning & alternative use
C-1;COMMERCIAL · Newport, OR
Zoning C-1;COMMERCIAL · permitted uses
C-1;COMMERCIAL · Newport, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newport. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
WOOD
Heating
NONE
Buildings
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
Breakers LLC
Entity
Mailing address
2036 SW WILLOW PKWY, GRESHAM, OR 97080-9484
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2021
—
The Breakers LLC
—
Deed
related
$200,000 · Columbia State Bank
Nov 13, 2015
$275,000
Breakers LLC
Fast Lane Holdings LLC
Warranty Deed
$225,000 · Oregon St Cu
Feb 10, 2006
$295,000
Fast Lane Holdings LLC
Younger Family Ents
Warranty Deed
related
—
—
—
Fast Lane Holdings LLC
—
Deed Of Trust
related
$250,000 · Pacific Continental Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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