Technical
Financial
Distress signals
Property profile

711 2nd Ct Newport, OR 97365

OFF-MARKET
Turn key restaurants
Property ID
US71-0327499
2,276 SF 0.06 ac lot Built 2006
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2006
Total area 2,276 SF
Lot 0.06 ac (2,614 SF)
Zoning code C-2;COMMERCIAL
APN 11-11-08-BB-10800-00
UPID US71-0327499

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
  • Restaurant

Location

711 2nd Ct Newport, OR 97365
Newport metro Census 951000 NEWPORT, OR MICROPOLITAN 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
$310k

Owner & transaction history

since 2019
6 recorded transactions
2019
$399,000
2019
Price N/A
2015
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-2;COMMERCIAL · Newport, 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
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