Property profile

Newport, OR 97365

OFF-MARKET
Office Spaces
Property ID
US71-1697142
10,000 SF 0.06 ac lot Built 1938
Trust Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1938
Construction WOOD
Total area 10,000 SF
Lot 0.06 ac (2,614 SF)
Zoning code C-1;COMMERCIAL
APN 11-11-08-BD-05700-00
UPID US71-1697142

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 951000 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
$2.41M
Blend (final) Blend
$535k

Owner & transaction history

since 2005
1 recorded transaction
2005
$198,000

Zoning & alternative use

C-1;COMMERCIAL · Newport, OR
Top alternative use upside
Restaurant $2.5M +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
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