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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Commercial real estate
914 1st St, Newberg, OR 97132-2922
Entity Owned
~
Est. High Equity
Property ID
US71-0545374
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1994
Total area
1,116 SF
Lot
0.14 ac (6,207 SF)
Zoning code
C3
APN
R3219AA 07200
UPID
US71-0545374
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Food Pod Restaurant
-
Las Casuelitas De La Mixteca Restaurant
-
Winner Winner Restaurant
-
Bobablastic Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$565k
Owner & transaction history
Bite Of Newbrg LLC
Bite Of Newbrg LLC
since 2025
Last sale
$565,000
3 recorded transactions
Zoning & alternative use
C3 · Newberg, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Newberg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newberg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$506 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$861
Tax year 2023
Assessed value
$54,127
Assessed 2023
Previous assessed
$52,550
+3.0% YoY
Effective rate
1.59%
On assessed value
Land market value
$126,093
Improvement market value
$15,903
Total market value
$141,996
Applied tax rate
29.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1994
Heating
NONE
Bathrooms
2
Total area
1,116 SF
Lot
0.14 ac (6,207 SF)
Zoning code
C3
APN
R3219AA 07200
UPID
US71-0545374
Jurisdiction
YAMHILL
Zoning & alternative use
C3 · Newberg, OR
Zoning C3 · permitted uses
C3 · Newberg, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newberg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Heating
NONE
Bathrooms
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Bite Of Newbrg LLC
Entity
Mailing address
PO BOX 85, NEWBERG, OR 97132-0085
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2025
$565,000
Bite Of Newbrg LLC
Richard L Condon
Warranty Deed
$365,000 · Richard L Condon Etal
Nov 1, 2018
$192,475
Richard L Condon
Newberg Park & Sell LLC
Warranty Deed
$178,425 · Newberg Park & Sell LLC
Nov 20, 2012
—
Newberg Park & Sell LLC
Wardin,ila J
Warranty Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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