903/905 SW Coast Hwy Newport, OR 97365
Excellent Hwy 101 frontage property with multiple uses. Zoned C-1 which allows retail and personal services. Newer Hardie plank siding, roof and windows. Still needs some finish work and electrical completed. Currently set up as 4, non-conforming studio apartments which are all vacant. Multiple on street parking spaces but no off-street parking available. Across the street from Samaritan Pacific Communities hospital.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.