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    2240 SE 23Rd Dr Lincoln City, OR 97367

    Pending
    For Sale
    $1,579,000

    COMMERCIAL - Lincoln City, OR

    Lot size:
    3.98 Acres
    Days on Market:
    63
    Last Refresh:
    Dec 14 at 4:06 pm

    Property Features for 2240 SE 23Rd Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    GC - General Commercial
    APN
    071122AD-2200-00
    Lot size
    3.98 Acres

    Utilities

    Utilities
    Water Available

    Taylor and Taylor Realty Co. (541) 994-9111 [email protected]

    Listing agent Dennis M Regen

    Listing date Oct 13, 2025

    Copyright © 2025 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.

    Overview

    Lincoln City Commercial Land Available

    This property in Lincoln City, Oregon, encompasses 3.98 acres and features three zoning designations: General Commercial, Planned Industrial, and Residential Multi. The General Commercial portion includes 110 feet of frontage on Highway 101. Access to the Planned Industrial area is available from SE 23rd Street. The two parcels are located near the Outlet Shopping mall and a bus line, and are less than one mile from public beach access.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln City
    County
    Lincoln
    State
    Oregon
    Longitude
    -124.007974
    Latitude
    44.950065

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    FAQs

    What type of property is this?
    Commercial land - 3.98 acres in Lincoln City with highway frontage.
    Where is this commercial land located?
    The property is located at 2240 SE 23Rd Dr Lincoln City, OR.
    What is the asking price?
    The asking price for this property is $1,579,000.
    What are key features of this property?
    This property features: - 3. 98 Acres with Three Zoning Designations (General Commercial, Planned Industrial, Residential Multi); - Prime Lincoln City Location with 110' of Highway 101 Frontage; - Conveniently Located Near Outlet Shopping Mall
    (541) 994-9111
    Request Owner's contact information
    2240 SE 23Rd Dr Lincoln City, OR 97367
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    Lincoln City, OR 97367
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2240 SE 23Rd Dr Lincoln City, OR 97367
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