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

    0000 Siletz Hwy Lincoln City, OR 97367

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contract
    $139,000

    11+/- acre parcel with highway frontage and river access.

    Lot size:
    11.42 Acres

    Property Features for 0000 Siletz Hwy

    General Information

    Standard status
    Contract
    Lot size
    11.42 Acres

    We can help!

    Listing Contact
    Cory Spink
    Source: Corcoran

    Listing Agency: MADE OUT WEST LAND COMPANY, LLC Listing Agent: Cory Spink

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Siletz River Red Cedar Parcel

    This 11+/- acre parcel, known as Siletz River - Red Cedar, features easy access from Highway 229 with highway frontage and an internal road grade, which is currently overgrown. A portion of the property runs along the river, offering potential for recreation and angling, although the river frontage is not large enough for a homesite. The Lincoln County TC zoning offers multiple pathways to potentially obtain a conditional permit for residential development, contingent upon meeting specific criteria related to the property, ownership, and surroundings. Currently, the property is not considered "buildable", and prospective buyers are advised to conduct their own due diligence with Lincoln County. The site features Site 132 ground with moderate topography and a thriving stand of 19-year-old Red Cedar plantation, offering recreational opportunities. The property is located in Lincoln City, Oregon.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Dental Office Storage Facility Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln City
    County
    Lincoln
    State
    Oregon
    Longitude
    -124.007017
    Latitude
    44.901683

    Nearby Similar for Sale

    • New
      $849,900
      2,524 SF

      Remodeled Commercial Building on Highway 101

      Remodeled commercial building with indoor/outdoor seating and parking.
      1330 Highway 101 NE, Lincoln City, OR 97367
      View Details
    • New
      $895,000
      6,346 SF

      Commercial Building in Taft District

      Commercial building on a corner lot with high visibility.
      4787 Highway 101 SW, Lincoln City, OR 97367
      View Details
    • New
      $698,000
      1,628 SF

      Remodeled Commercial Building on Highway

      Remodeled commercial building with highway frontage in downtown Lincoln City.
      1316 Highway 101 NE, Lincoln City, OR 97367
      View Details
    • New
      $825,000
      336 SF

      Highway Frontage Commercial Property

      Commercial property with highway frontage in Lincoln City, Oregon.
      3632 Highway 101 NE, Lincoln City, OR 97367
      View Details
    • New
      $1,800,000
      12,300 SF

      Highway Frontage Commercial Building

      12,300 SF commercial building on Highway 101 frontage.
      1745 Highway 101 SW, Lincoln City, OR 97367
      View Details
    • New
      $575,000
      Pending

      Devils Lake Frontage Opportunity

      Lincoln City property with lake frontage and commercial zoning.
      4006 W Devils Lake Rd, Lincoln City, OR 97367
      View Details
    • New
      $1,200,000
      2,400 SF

      Highway Frontage Dispensary Business Opportunity

      Established dispensary business with highway frontage and consistent customer traffic.
      1745 Highway 101 SW, Lincoln City, OR 97367
      View Details
    • New
      $1,899,000
      21,020 SF

      Highway Frontage Commercial Property

      Prime commercial property with highway frontage and versatile building space.
      6305 Highway 101 SW, Lincoln City, OR 97367
      View Details
    • New
      $1,199,900
      3,604 SF

      Luxury Coastal Living Duplex

      New construction duplex in Lincoln City, close to amenities.
      331 SE Jetty Ave, Lincoln City, OR 97367
      View Details
    • New
      $1,170,000
      Pending

      Devils Lake Frontage Opportunity

      Prime commercial property with lake frontage in Lincoln City, Oregon.
      4006-4040 W Devils Lake Rd, Lincoln City, OR 97367
      View Details
    • New
      $2,239,900
      6,713 SF

      New Construction Multifamily Ocean View

      New six-unit multifamily property with ocean views in Lincoln City.
      305 SE Jetty Ave, Lincoln City, OR 97367
      View Details
    • New
      $699,000
      1,980 SF

      Ocean View Duplex in Lincoln

      Income property duplex with ocean views and beach access.
      5218 NW Jetty Ave, Lincoln City, OR 97367
      View Details

    FAQs

    What type of property is this?
    Land - 11+/- acre parcel with highway frontage and river access.
    Where is this land located?
    The property is located at 0000 Siletz Hwy Lincoln City, 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: - 11+\/- acre parcel with highway frontage on 229.; - Siletz River access for recreation and angling.; - Lincoln County TC zoning offers potential for residential development with conditional permit.
    (503) 857-7780
    Request Owner's contact information
    0000 Siletz Hwy Lincoln City, OR 97367
    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.
    0000 Siletz Hwy
    Lincoln City, OR 97367
    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
    0000 Siletz Hwy Lincoln City, OR 97367
    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

    We can help!
    Listing Contact
    Cory Spink
    Real Estate License ID: 201217354
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!