Property profile

Newport, OR 97365

OFF-MARKET
Office Spaces
Property ID
US71-0822535
20,252 SF 0.65 ac lot Built 1994
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1994
Construction WOOD
Total area 20,252 SF
Lot 0.65 ac (28,314 SF)
Zoning code C-3;HEAVY COMMERCIAL
APN 11-11-08-AB-04000-00
UPID US71-0822535

Cap rate & NOI

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

Location

Newport, OR 97365
Newport metro Census 950900 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
$4.89M
Blend (final) Blend
$515k

Owner & transaction history

since 2020
2 recorded transactions
2020
$3.3M
2020
Price N/A

Zoning & alternative use

C-3;HEAVY COMMERCIAL · Newport, OR
Top alternative use upside
Restaurant $5.0M +2.3%

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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