Property profile

Newport, OR 97365

OFF-MARKET
Office Spaces
Property ID
US71-1431270
22,459 SF 0.9 ac lot Built 1971
Entity Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1971
Total area 22,459 SF
Lot 0.9 ac (39,204 SF)
Zoning code I-1;LIGHT INDUSTRIAL
APN 11-11-17-DA-00301-00
UPID US71-1431270

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 951200 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
$5.42M
Blend (final) Blend
$2.62M

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2020
Price N/A
2019
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I-1;LIGHT INDUSTRIAL · Newport, OR
Top alternative use upside
Restaurant $5.5M +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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Own this property?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message