Coastal Storage and Buildable
11606 NE BENTON ST Newport, OR 97365
11606 NE BENTON ST, Newport, OR, 97365
$120,000
Pending
For Sale
$120,000
Pending
LAND - Newport, OR
Property Size1,000 SF
Lot Size0.15 Acres
Days on Market99
Property Features for 11606 NE BENTON ST
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- R-1 Residential, Single F
- Standard status
- Pending
- APN
- 101108AB-3400-00
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1113
Utilities
- Sewer type
- Septic Needed, Septic Tank
- Water source
- Public
Listing Agency
Taylor & Taylor Realty Company
(800) 462-0197
3891 NW Hwy 101, Lincoln City, OR
Listed by
Robert Vincent · License #201235569
(541) 921-9856
Added: Apr 10 Checked: Jul 17 at 7:06 am
MLS# 26-924
Listing URL
Copyright © 2026 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering combines a small coastal lot with an existing storage warehouse. The property includes electricity and water on-site, and features a large storage warehouse measuring 20 by 50 with a high ceiling, suitable for storage needs such as a boat or recreational vehicles, based on the buyer’s intended use and any applicable requirements. Buyer to verify whether the land is buildable.
The parcel is positioned adjacent to Beverly Beach and is described as down the street from Beverly Beach State Park, with access to coastal recreation areas and amenities in the Newport, Oregon area. The listing notes the property sits between Newport and Depoe Bay and is minutes from surf, with nearby opportunities for kayaking and trail hikes, as well as shopping, restaurants, and entertainment.
Zoned R-1 Residential, Single F, the site may appeal to buyers looking for a residentially zoned coastal property with immediate utility hookups and an on-site warehouse for storage. It can be a practical fit for owners who want to keep larger recreational items onsite while evaluating their build plans, and for investors or brokers advising clients who prefer to confirm buildability and permitting requirements prior to development.
The parcel is positioned adjacent to Beverly Beach and is described as down the street from Beverly Beach State Park, with access to coastal recreation areas and amenities in the Newport, Oregon area. The listing notes the property sits between Newport and Depoe Bay and is minutes from surf, with nearby opportunities for kayaking and trail hikes, as well as shopping, restaurants, and entertainment.
Zoned R-1 Residential, Single F, the site may appeal to buyers looking for a residentially zoned coastal property with immediate utility hookups and an on-site warehouse for storage. It can be a practical fit for owners who want to keep larger recreational items onsite while evaluating their build plans, and for investors or brokers advising clients who prefer to confirm buildability and permitting requirements prior to development.
Key Highlights
- Water source: public
- Sewer: septic tank; septic needed
- Electricity and water are on the property
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.0k | $15.00 |
| − Vacancy | −$555 | −$0.56 |
| EGI | $14.4k | $14.45 |
| − OpEx | −$4.3k | −$4.33 |
| NOI | $10.1k | $10.11 |
1,000 SF · lease $15.00/SF/yr · vacancy 3.70% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$175.4K
$153.5K – $204.6K
NOI $12,278 @ 7.0% cap · market cap 10.23%
Second Best
Industrial
$144.5K
$126.4K – $168.5K
NOI $10,112 @ 7.0% cap · market cap 8.43%
Theoretical Best
Office A
$260.8K
$228.2K – $304.3K
NOI $18,258 @ 7.0% cap · market cap 15.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
Similar For Sale Nearby
Similar Off Market Nearby
- Safe & Sound Storage — 833 NE 3rd St, Newport, OR 97365
FAQs
What type of property is this?
Warehouse - R-1 zoned coastal lot with utilities on-site and an existing high-ceiling storage warehouse.
Where is this warehouse located?
The property is located at 11606 NE BENTON ST Newport, OR.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Water source: public; Sewer: septic tank; septic needed; Electricity and water are on the property
