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    Property profile & analytics

    675 Nehalem Blvd Wheeler, OR 97147-0290

    • Turn key restaurants
    • 4,416 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $230,000
    Location Intelligence
    Property ID
    US71-0604381
    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

    • Green Man Collective / Atm / Pharmacy

    Property Details for 675 Nehalem Blvd

    Year built
    1937
    Lot size
    0.08 lot acres
    Property size
    4,416 SF
    Zone code
    GC
    Property type
    Turn key restaurants
    APN
    2N1002-CB-03700
    APU
    2N1002CB03700

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wheeler
    County
    Tillamook
    State
    Oregon
    Longitude
    -123.883
    Latitude
    45.6891

    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
    $3,230
    $45,330
    $135,040
    $180,370
    -
    $76,690
    $231,040
    $307,730

    Comparable in this City

    • Value Estimation by Request
      1,559 SF

      63 Nehalem Blvd

      RESTAURANT • 1,559 SF
      63 Nehalem Blvd, Wheeler, OR 97147
      View Details
    • Value Estimation
      $340,000
      597 SF

      92 Rorvik Rd

      RESTAURANT • 597 SF
      92 Rorvik Rd, Wheeler, OR 97147-0037
      View Details
    • Value Estimation
      $440,000
      7,072 SF

      370 Marine Dr

      RESTAURANT • 7,072 SF
      370 Marine Dr, Wheeler, OR 97147-0285
      View Details
    • Value Estimation by Request
      9,624 SF

      Marine Dr

      Restaurants • 9,624 SF
      0 Marine Dr, Wheeler, OR 97147
      View Details
    • Value Estimation by Request
      0.11 Acres

      675 Nehalem Blvd

      PARKING LOT • 0.11 Acres
      675 Nehalem Blvd, Wheeler, OR 97147-0290
      View Details
    • Value Estimation by Request
      0.09 Acres

      Wheeler, OR 97147

      PARKING LOT • 0.09 Acres
      Wheeler, OR 97147
      View Details

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      Oversized lot with bay and mountain views near amenities.
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      Coastal Land in Wheeler, Oregon

      Residential land in Wheeler, build your dream home here!
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    675 Nehalem Blvd
    Wheeler, OR 97147-0290
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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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