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    Property profile & analytics

    755 College Way Newport, OR 97366

    • Turn key restaurants
    • 4,434 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-1608139
    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

    • The Wilds Taphouse & BBQ / Restaurant

    Property Details for 755 College Way

    Year built
    2015
    Lot size
    0.12 lot acres
    Property size
    4,434 SF
    Zone code
    C-1;COMMERCIAL
    Property type
    Turn key restaurants
    APN
    11-11-20-AD-03700-00
    APU
    111120AD0370000

    Description

    This exceptional commercial property in Newport, Oregon, presents a unique investment opportunity. Located at 755 SE College Way, this offering encompasses a 5,227 square foot multi-tenant commercial building constructed in 2015, situated on a 7,405.2 square foot lot. The property is zoned C-1: Commercial Retail and Service, providing flexibility for a variety of uses. The existing building offers immediate income potential, while three adjacent vacant tax lots provide significant expansion possibilities. This presents a compelling opportunity to acquire a single property or a package deal, allowing for either immediate revenue generation or future development. The location within a thriving community known for its sustainable living and thoughtful design offers a strong foundation for long-term growth and profitability. The property's address is 755 SE College Way, Newport, OR 97366. A video tour is available for a more detailed view of the property and its surroundings. This is a chance to become a key part of a dynamic and forward-thinking community. The asking price for this exceptional property is $1,500,000.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Lincoln
    State
    Oregon
    Longitude
    -124.043
    Latitude
    44.6038
    CBSA code
    35440
    CBSA name
    NEWPORT, OR 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
    2023
    $15,857
    $0.00
    $0.00
    $872,740
    -
    $141,030
    $975,010
    $1,116,040

    Comparable in this City

    • Value Estimation by Request
      19,429 SF

      3211 Coast Hwy

      RESTAURANT • 19,429 SF
      3211 Coast Hwy, Newport, OR 97366-9674
      View Details
    • Value Estimation by Request
      2,070 SF

      3567 Coast Hwy

      RESTAURANT • 2,070 SF
      3567 Coast Hwy, South Beach, OR 97366
      View Details
    • Value Estimation
      $60,000
      702 SF

      3607 Coast Hwy

      RESTAURANT • 702 SF
      3607 Coast Hwy, South Beach, OR 97366-9635
      View Details
    • Value Estimation by Request
      2,800 SF

      64 32nd St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,800 SF
      64 32nd St, Newport, OR 97366
      View Details
    • Value Estimation by Request
      4,696 SF

      130 62nd St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 4,696 SF
      130 62nd St, Newport, OR 97366-9705
      View Details
    • Value Estimation by Request
      880 SF

      3650 Coast Hwy

      RETAIL STORES (PERSONAL SERVICES) • 880 SF
      3650 Coast Hwy, South Beach, OR 97366-9635
      View Details

    Similar Nearby for Sale

    • $140,000
      0.20 Acres

      Beachside Land with Amenities

      Private property near beach with clubhouse and recreational facilities.
      113 Arbor Dr, South Beach, OR 97366
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    • $319,000
      3.00 Acres

      TL 1500 SE Bracken Terr

      Land • 3.00 Acres
      0 Bracken Ter, South Beach, OR 97366
      View Details
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    755 College Way
    Newport, OR 97366
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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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