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

    6281 SW Jetty Av Lincoln City, OR 97367

    View on Map
    New
    For Sale
    $130,000

    Lot - Lincoln City, OR

    Lot size:
    0.11 Acres
    Added:
    Mar 31, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 1 at 5:06 am

    Property Features for 6281 SW Jetty Av

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Cul-De-Sac
    Standard status
    Active
    APN
    R534521
    Lot size
    0.11 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    1037

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    ANGIE FRANCO
    ANGIE FRANCO

    Listing agent ANGIE FRANCO

    Listing office EXP REALTY, LLC 4800 MEADOWS RD, STE 300, Lake Oswego, OR

    Listing date Mar 31, 2026

    MLS# 839224 Listing URL

    Copyright © 2026 Willamette Valley Multiple Listing Service. 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 Level Lot

    This newly improved, level lot is situated in a private cul-de-sac within the Cutler's Townsite of Lincoln City. The property is near Siletz Bay, Pelican Brewery, whale watching spots, parks, Devils Lake, The Outlet Mall, various dining options, arts, entertainment, and Chinook Winds Casino. Infrastructure is close, with electric, sewer, and water available at the street. A water meter is already in place. Gas is located two houses down the street. The seller has completed a fire hydrant flow test for area safety. The owners have placed a manufactured home on the back lot. The lot size is 0.11 acres. This property is intended for residential use, offering a location for a new home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Building Supply Gym & Fitness Center Big Box & Wholesale Store Skin Care Clinic Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln City
    County
    Lincoln
    State
    Oregon
    Longitude
    -124.01357
    Latitude
    44.9201

    Nearby Similar for Sale

    • $825,000
      336 SF

      Highway Frontage Commercial Property

      Commercial property with highway frontage in Lincoln City, Oregon.
      3632 NE Hwy 101, Lincoln City, OR 97367
      View Details
    • $579,000
      2,406 SF

      Lincoln City Duplex Opportunity

      Duplex in central Lincoln City with rental income potential.
      1941-1945 NE 7th Drive, Lincoln City, OR 97367
      View Details
    • $1,800,000
      12,300 SF

      Highway Frontage Commercial Building

      12,300 SF commercial building on Highway 101 frontage.
      1745 SW Hwy 101, Lincoln City, OR 97367
      View Details
    • $698,000
      1,628 SF

      Remodeled Commercial Building on Highway

      Remodeled commercial building with highway frontage in downtown Lincoln City.
      1316 NE Hwy 101, Lincoln City, OR 97367
      View Details
    • $849,900
      2,524 SF

      Remodeled Commercial Building on Highway 101

      Remodeled commercial building with indoor/outdoor seating and parking.
      1330 NE Hwy 101, Lincoln City, OR 97367
      View Details
    • $425,000

      Lincoln City Lakefront Vacant Lot

      0.36-acre lakefront lot in Lincoln City, utilities available.
      TL 203 NE Lake Drive, Lincoln City, OR 97367
      View Details
    • $599,000

      Forested View Parcel in Lincoln

      6.59 acre forested parcel in desirable Lincoln City area.
      TL 200 NE Voyage Avenue, Lincoln City, OR 97367
      View Details
    • $1,200,000

      Highway Frontage Dispensary Business Opportunity

      Established dispensary business with highway frontage and consistent customer traffic.
      1745 SW Hwy 101, Lincoln City, OR 97367
      View Details
    • $200,000

      Siletz Riverfront Double Lot Retreat

      Double lot with 127 feet of Siletz River frontage.
      8332 SILETZ Hwy, LincolnCity, OR 97367
      View Details
    • $249,000

      Secluded Oregon Coast Land Parcel

      Private 1.73-acre parcel near Lincoln City with mountain views.
      TL 801 Siletz Hwy, LincolnCity, OR 97367
      View Details
    • $130,000

      Residential Lot Near Siletz Bay

      Improved residential lot near Siletz Bay, Lincoln City.
      6281 SW JETTY Ave, LincolnCity, OR 97367
      View Details
    • $299,000

      Forested View Parcel in Lincoln

      2.07 acre forested view parcel in desirable Lincoln City.
      TL 9300 NE 51st Loop, Lincoln City, OR 97367
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Improved level lot near Siletz Bay, ready for new home.
    Where is this residential land & home lot located?
    The property is located at 6281 SW Jetty Av Lincoln City, OR.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: Level lot in a private cul‑de‑sac.; Close proximity to Siletz Bay, Pelican Brewery, and other attractions.; Infrastructure savings: Water meter is in, and fire hydrant flow test completed.
    (971) 240-3818
    We can help!
    Listing Contact
    ANGIE FRANCO
    ANGIE FRANCO
    Real Estate License ID: 201210237
    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!