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    unit Tl 0502 Rector St Wheeler, OR 97147

    For Sale
    $60,000

    LAND - Wheeler, OR

    Type:Single Family Residence
    Lot size:
    0.34 Acres
    Days on Market:
    155
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for unit Tl 0502 Rector St

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    R1
    APN
    17430
    Lot size
    0.34 Acres

    Home + Sea Realty (503) 812-9543 [email protected]

    Listing agent Shelley Parker (503) 368-3400

    Listing date Jul 5, 2025

    MLS# 621890899 Listing URL

    Copyright © 2025 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

    Wheeler, OR Oversized View Lot

    This oversized 0.34 acre lot is located in Wheeler, Oregon, offering views of Nehalem Bay and Neahkahnie Mountain, with a possible peek of the ocean. The property is situated just minutes from the beach, state park, and Nehalem River, providing access to kayaking, hiking, surfing, coastal shops, and restaurants. The tax lot is a combination of three 50' by 100' lots and is located between the undeveloped sections of Gregory and Rector St. It is zoned R1. The property offers an opportunity to build high up the hill. Prospective buyers are advised to perform their own due diligence regarding development requirements and costs.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Wheeler
    County
    Tillamook
    State
    Oregon
    Longitude
    -123.87655
    Latitude
    45.688445

    FAQs

    What type of property is this?
    Land - Oversized lot with bay and mountain views near amenities.
    Where is this land located?
    The property is located at unit Tl 0502 Rector St Wheeler, OR.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: - Views of Nehalem Bay and Neahkahnie Mountain.; - Oversized .34 acre lot.; - Minutes to the beach and state park.
    (503) 368-3400
    Request Owner's contact information
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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
    unit Tl 0502 Rector St Wheeler, OR 97147
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