Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2605 NW PARKER Ave Waldport, OR 97394

    View on Map
    New
    For Sale
    $139,000

    LAND - Waldport, OR

    Type:Single Family Residence
    Lot size:
    0.18 Acres
    Added:
    Mar 27, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 1 at 2:06 am

    Property Features for 2605 NW PARKER Ave

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    R-1-A
    Standard status
    Active
    APN
    R215642
    Lot size
    0.18 Acres

    Taxes and HOA fees

    TaxDescription
    PROPERTY ID R215642 BAYSHORE DIV. 5, BLOCK 2, LOT 138, DOC200606406
    TaxAnnualAmount
    604

    We can help!

    Listing Contact
    Desiree Clifton
    Desiree Clifton

    Listing agent Desiree Clifton License #200410278

    Listing office Windermere Real Estate Lane County 1625 12th St, Florence, OR

    Listing date Mar 27, 2026

    MLS# 206065940

    Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Coastal Land in Bayshore Beach

    This 0.18-acre residential land is located in the Bayshore Beach Club community in Waldport, Oregon. The property offers the opportunity to build a custom home and enjoy deeded beach access via community trails, providing convenient access to the Pacific Ocean's sandy shores. Residents can enjoy community amenities such as a seasonal pool, tennis courts, a playground, and an activity center. Septic evaluation documents are available upon request.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Grocery & Convenience Store Food Market Restaurant Hotel & Motel Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Waldport
    County
    Lincoln
    State
    Oregon
    Longitude
    -124.078193
    Latitude
    44.445058

    Nearby Similar for Sale

    • $1,400,000
      6,902 SF

      Waldport Commercial Investment Opportunity

      Fully leased mini strip mall with high visibility and solid income.
      385 NE Alsea Highway, Waldport, OR 97394
      View Details
    • $895,000
      3,116 SF

      Mixed-Use Property with Expansion Potential

      Versatile property featuring residential and commercial units with expansion potential.
      220 NW Spring Street, Waldport, OR 97394
      View Details
    • $895,000
      3,116 SF

      Mixed-Use Property With Expansion Potential

      Versatile property with residential, commercial units, and expansion potential.
      220 NW Spring Street, Waldport, OR 97394
      View Details
    • $899,000

      Oceanfront Land in Wakonda Beach

      Rare 2.34-acre oceanfront parcel with direct beach access.
      TL 600 SW Pacific Coast Highway, Waldport, OR 97394
      View Details
    • $749,000

      Versatile 1930s Mixed-Use Gem

      Historic 2-story building in Waldport with commercial and residential potential.
      260 W Willow Street, Waldport, OR 97394
      View Details
    • $1,675,000
      8,641 SF

      Waldport Industrial Site For Sale

      4.42 acre industrial site with buildings and fenced yard.
      855 & 955 NE Alsea Highway, Waldport, OR 97394
      View Details
    • $649,000

      Waldport Land with Bay Views

      Development opportunity with views in the heart of Waldport.
      TL 500 Cedar Street, Waldport, OR 97394
      View Details
    • $94,900

      Bayshore Ready-to-Build Coastal Lot

      Partially cleared lot with amenities near beach and bay.
      2017 NW Bayshore Drive, Waldport, OR 97394
      View Details
    • $898,700

      Ocean View Residential Land

      7.75 acres in Waldport with development approval.
      1200 Blk SW Norwood Drive TL0120, Waldport, OR 97394
      View Details
    • $99,000

      Canal Front Lot in Bayshore

      Flat canal front lot with community amenities in Waldport, Oregon.
      1201 NW Pacific Way, Waldport, OR 97394
      View Details
    • $499,000

      Oceanfront Land in Wakonda Beach

      Two oceanfront lots with direct beach access near Waldport, Oregon.
      3692 SW PACIFIC COAST Hwy, Waldport, OR 97394
      View Details
    • $179,000

      Waldport Bay View Lot

      Ready-to-build lot with sweeping bay views in Waldport, Oregon.
      729 NW HIGHLAND Dr, Waldport, OR 97394
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land with beach access and community amenities in Waldport.
    Where is this residential land & home lot located?
    The property is located at 2605 NW PARKER Ave Waldport, OR.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: Deeded beach access trails leading directly to the Pacific Ocean.; Opportunity to build a custom home on the Oregon Coast.; Bayshore Beach Club community amenities including a seasonal pool, tennis courts, playground, and activity center.
    (541) 999-5223
    We can help!
    Listing Contact
    Desiree Clifton
    Desiree Clifton
    Real Estate License ID: 200410278
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!