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    Property profile & analytics

    701 Newport Ave Oldtown, ID 83822

    • Commercial real estate
    • 2.16 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Location Intelligence
    Property ID
    US27-1008165
    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

    • Commercial real estate

    Property Details for 701 Newport Ave

    Year built
    1985
    Lot size
    2.16 lot acres
    Property type
    Commercial real estate
    APN
    RP56N06W244970A
    APU
    RP56N06W244970A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $245,000
      6.5%
      $245,000
      7%
      $270,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $260,000
      Geo Method
      $285,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $215,000
      Retail
      $270,000
      Mixed-Use
      $250,000
      Hospitality
      $230,000
      Educational
      $250,000
      Residential Income
      $235,000
      Energy
      $265,000
      Income-Based Land
      $240,000
      Food Service
      $280,000

    Location Insight

    • Map
    • Local Demand
    City
    Oldtown
    County
    Bonner
    State
    Idaho
    Longitude
    -117.039
    Latitude
    48.1873
    CBSA code
    41760
    CBSA name
    SANDPOINT, ID 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
    2024
    $1,131
    $375,585
    $63,290
    $438,875
    -
    $375,585
    $63,290
    $438,875

    Comparable in this City

    • Value Estimation by Request
      0.26 Acres

      311 Idaho Ave

      COMMERCIAL (GENERAL) • 0.26 Acres
      311 Idaho Ave, Oldtown, ID 83822-9514
      View Details
    • Value Estimation by Request
      0.22 Acres

      Selkirk Way

      COMMERCIAL (GENERAL) • 0.22 Acres
      Selkirk Way, Oldtown, ID 83822
      View Details
    • Value Estimation by Request
      960 SF

      303 State Ave

      COMMERCIAL (GENERAL) • 960 SF
      303 State Ave, Oldtown, ID 83822-9252
      View Details
    • Value Estimation
      $415,000
      9,201 SF

      240 Old Diamond Ml Rd

      COMMERCIAL (GENERAL) • 9,201 SF
      240 Old Diamond Ml Rd, Oldtown, ID 83822-8551
      View Details
    • Value Estimation
      $345,000
      1,050 SF

      Old Diamond Ml Loop

      COMMERCIAL (GENERAL) • 1,050 SF
      Old Diamond Ml Loop, Oldtown, ID 83822
      View Details
    • Value Estimation
      $320,000
      1,492 SF

      2694 Hwy 2nd 2

      COMMERCIAL (GENERAL) • 1,492 SF
      2694 Hwy 2nd 2, Oldtown, ID 83822-9250
      View Details

    Similar Nearby for Sale

    • $255,000
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      Land • 0.53 Acres
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      View Details
    • $520,000
      1.49 Acres

      Oldtown Commercial Land - 1.49 Acres

      Prime Oldtown commercial lot, ideal for retail or lodging.
      0 Diamond Ml Rd, Oldtown, ID 83822
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    • $3,600,000
      26,549 SF

      Prime Oldtown Commercial Property

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    • $300,000
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      Secluded Timbered Land in Oldtown, ID

      Private 5-acre timbered land with utilities near town.
      512 Everett Huff Rd, Oldtown, ID 83822
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    • $775,000
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      Prime Commercial Land Opportunity

      2.02 acres of commercial land in a growing area.
      Old Diamond Mill Rd, Oldtown, ID 83822
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    • $999,000
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      Incredible riverfront property in Oldtown, ID with development potential.
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    701 Newport Ave
    Oldtown, ID 83822
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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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