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

    5 HILLTOP Dr unit 1403 Lakeside, OR 97449

    View on Map
    Claim this Listing
    New
    For Sale
    $325,000

    LAND - Lakeside, OR

    Lot size:
    24.38 Acres
    Added:
    Apr 10, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 12 at 8:06 pm

    Property Features for 5 HILLTOP Dr unit 1403

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    F/EFU
    Standard status
    Active
    APN
    99920712
    Lot size
    24.38 Acres

    Taxes and HOA fees

    Tax Description
    23S12W19 TL 1403 & 1402
    Tax Annual Amount
    400

    Utilities

    Water front features
    Lake
    Water front
    1

    We can help!

    Listing Contact
    Joe Bollig

    Listing agent Joe Bollig License #201227582

    Listing office Pacific Properties 605 N Bayshore Dr, Coos Bay, OR

    Listing date Apr 10, 2026

    MLS# 199169800 Listing URL

    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

    Lakeside Acreage with Lake Frontage

    This is a 24.38 +/- acre lot available on Devore Arm with Tenmile Lake frontage. The lot offers seclusion and privacy, with room to expand on the south side of the road. Located at the end of the private extension of Hilltop Drive, the property has underground power ran to the property line. A 14+ GPM well is in place. Light CCRs and a 1/7th road maintenance agreement apply. A roughed-in driveway provides access to the lake frontage portion of the property. The property is located minutes away from Lakeside amenities including McKay's Market, Lakeshore Lodge, and Lakeside Marina. The property has acreage, lake frontage, and road access, close to town. Property lines in photo/video depict all 4 lake front lots available for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Food Market Accounting Firm Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakeside
    County
    Coos
    State
    Oregon
    Longitude
    -124.173988
    Latitude
    43.555248

    Nearby Similar for Sale

    • $499,000

      Lakeside Land with Site Improvements

      Land with recent site improvements, boat dock, and potential well access.
      71350 SUNNY COVE Rd, Lakeside, OR 97449
      View Details
    • $260,000

      Tenmile Lake Waterfront Land Opportunity

      Lakeside property with direct lake frontage and infrastructure in place.
      72294 POTLATCH Rd, Lakeside, OR 97449
      View Details
    • $249,000

      Lakeside Acreage with Lake Frontage

      Large road access lot with lake frontage near Lakeside amenities.
      1 HILLTOP Dr unit: 601, Lakeside, OR 97449
      View Details
    • $275,000

      Lakeside Acreage with Lake Frontage

      Large road access lot with lake frontage near Lakeside amenities.
      3 HILLTOP Dr unit: 1500, Lakeside, OR 97449
      View Details
    • $249,000

      Lakeside Acreage with Lake Frontage

      Large road access lot with lake frontage near Lakeside amenities.
      2 HILLTOP Dr unit: 600, Lakeside, OR 97449
      View Details
    • $218,000
      640 SF

      Lakeside Oregon Homestead with Creek

      33.55 acre homestead with creek frontage near wildlife preserve.
      97736 North Lake RD, Lakeside Oregon, OR 97449
      View Details
    • $150,000

      Lakeside Land on Tenmile Lake

      4.5-acre parcel on Tenmile Lake with development potential.
      Tenmile Lake, Lakeside, OR 97449
      View Details
    • $199,400

      Tenmile Lake Private Lakeside Lots

      Secluded, boat-accessible lots on Tenmile Lake, Oregon.
      Tenmile Lake, Lakeside, OR 97449
      View Details
    • $399,000

      Lakeside Land with Creek Frontage

      2.36 acre gated parcel with water and power available.
      Sherry Barbie, Lakeside, OR 97449
      View Details
    • $425,000

      Creek Front Parcel with Views

      2.95 acre creek front parcel on the Dunes.
      Sherry Barbie Ln, Lakeside, OR 97449
      View Details
    • $35,000

      Waterfront Land on Tenmile Lake

      Waterfront property on Tenmile Lake with development potential.
      0 Tenmile Lake, Lakeside, OR 97449
      View Details
    • $192,000

      Lakeside Land with RV Storage

      Recreational lot near dunes and lake with RV storage.
      S 3RD St unit: 500, Lakeside, OR 97449
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Large lot with lake frontage and road access near amenities.
    Where is this waterfront land located?
    The property is located at 5 HILLTOP Dr unit 1403 Lakeside, OR.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Large 24.38 +/- acre lot with Tenmile Lake frontage; Road access and close proximity to Lakeside amenities; 14+ GPM well is already installed
    (541) 740-2778
    We can help!
    Listing Contact
    Joe Bollig
    Real Estate License ID: 201227582
    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!