Property profile

705 Springbrook Rd B Newberg, OR 97132

OFF-MARKET
Manufacturing properties
Property ID
US71-0677390
1.61 ac lot
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Lot 1.61 ac (70,132 SF)
Zoning code M1
APN R3221 01700
UPID US71-0677390

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Restaurant
  • Nail Salon
  • Hardware & Home Improvement General Contractor
  • Dental Office

Location

705 Springbrook Rd, Unit B Newberg, OR 97132-7574
Newberg metro Census 30202 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.42M

Owner & transaction history

since 2021
Last sale
$7.6M
7 recorded transactions
2021
$7.6M
2017
Price N/A
2016
Price N/A
2007
$101,000
2007
$2.2M
2006
$1.8M
2006
Price N/A

Zoning & alternative use

M1 · Newberg, OR

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 705 Springbrook Rd, Unit B?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message