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    Property profile & analytics

    705 Springbrook Rd, Unit A100 Newberg, OR 97132-7574

    • Manufacturing properties
    • 1.52 lot acres
    OFF-MARKET
    Value Estimation
    $3,960,000
    Last Sale
    May 17, 2024
    $4,000,000
    Location Intelligence
    Property ID
    US71-0511168
    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

    • Coastal Instruments Inc / Lawyer
    • La Sierra Mexican Restaurant & Cantina / Mexican Restaurant
    • Luxury Nails / Nail Salon
    • Gutter Cleaners V&J / Gutter Cleaning Service
    • DCI International / Dental Supply Store

    Property Details for 705 Springbrook Rd

    Lot size
    1.52 lot acres
    Zone code
    M2
    Property type
    Manufacturing properties
    APN
    R3221 01703
    APU
    R322101703

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,000,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,580,000
      6.5%
      $4,005,000
      7%
      $4,255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,085,000
      Geo Method
      $3,790,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,005,000
      Retail
      $3,475,000
      Mixed-Use
      $3,915,000
      Hospitality
      $3,745,000
      Educational
      $3,270,000
      Residential Income
      $3,435,000
      Energy
      $4,520,000
      Income-Based Land
      $3,510,000
      Food Service
      $3,245,000

    Location Insight

    • Map
    • Local Demand
    City
    Newberg
    County
    Yamhill
    State
    Oregon
    Longitude
    -122.948
    Latitude
    45.2945
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN 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
    $37,211
    $0.00
    $0.00
    $2,340,332
    -
    $431,969
    $2,733,974
    $3,165,943

    Comparable in this City

    • Value Estimation by Request

      Newberg, OR 97132

      MANUFACTURING (LIGHT)
      Newberg, OR 97132
      View Details
    • Value Estimation by Request
      5.90 Acres

      14975 Tangen Rd

      FOOD PACKING, PACKING PLANT • 5.90 Acres
      14975 Tangen Rd, Newberg, OR 97132-6856
      View Details
    • Value Estimation by Request
      0.46 Acres

      2750 9th St

      FOOD PROCESSING • 0.46 Acres
      2750 9th St, Newberg, OR 97132-3558
      View Details
    • Value Estimation by Request
      17.90 Acres

      2601 Crestview Dr, Unit 1

      MANUFACTURING (LIGHT) • 17.90 Acres
      2601 Crestview Dr, Newberg, OR 97132-9528
      View Details
    • Value Estimation by Request
      0.41 Acres

      315 Franklin St

      MANUFACTURING (LIGHT) • 0.41 Acres
      315 Franklin St, Newberg, OR 97132-2610
      View Details
    • Value Estimation by Request
      5.59 Acres

      500 Illinois St

      FOOD PROCESSING • 5.59 Acres
      500 Illinois St, Newberg, OR 97132-2307
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Self-Storage and Flex Space Facility

      40-unit self-storage, 3 RV spaces, and 8 flex spaces.
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      Industrial site featuring two buildings and operational helipad.
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      Entitled Land Parcel For Sale

      0.82 acre C-2 zoned parcel entitled for 28 units.
      3200 E Haworth Ave, Newberg, OR 97132
      View Details
    • $189,900
      0.38 Acres

      Newberg Land Ready to Build

      Land in Newberg, ready for duplex or common wall.
      3Rd St, Newberg, OR 97132
      View Details

    Similar Nearby for Lease

    • $4,500 /Mo
      2,600 SF

      Newberg Industrial Building For Lease

      3,200 SF industrial building with fenced yard and recent updates.
      2710 E Hancock St, Newberg, OR 97132
      View Details
    • Contact for pricing
      6,957 SF

      Retail Space on Hwy 99W

      New retail development with high visibility and access.
      4105 E Crestview Dr, Newberg, OR 97132
      View Details
    • $2,850 /Mo
      1,430 SF

      Newberg Professional Center Office Space

      Centrally located office space available for rent in Newberg.
      434 N Villa Rd, Newberg, OR 97132
      View Details
    • Contact for pricing

      Newberg Commercial Land for Lease

      Two commercial land opportunities available for lease in Newberg, Oregon.
      2318 Portland Rd, Newberg, OR 97132
      View Details
    • Contact for pricing

      Commercial Land for Lease

      1.46 acre commercial land with drive-thru potential.
      2512 E Portland Rd, Newberg, OR 97132
      View Details
    • $1.85 SF/Yr
      1,000 SF

      Retail Space on Highway 99

      Retail space with high traffic and pylon signage.
      2510 Portland Rd, Newberg, OR 97132
      View Details
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    705 Springbrook Rd, Unit A100
    Newberg, OR 97132-7574
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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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