Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    15282 Highway 101 Brookings, OR 97415

    For Sale
    $498,000

    1.41-acre commercial lot with ocean views. Owner financing available.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 1.41-acre commercial property in Brookings, Oregon, presents a rare investment opportunity. Located at 15282 Highway 101, the property boasts stunning, unobstructed ocean views. Currently featuring a commercial office building, the zoning (RC) allows for a variety of uses, including potential redevelopment. The existing structure includes a partially finished office space, a small kitchen, and a half bathroom. A septic system is in place. The land is terraced across the 1.41 acres, offering versatile development possibilities. Previous use included a manufactured home sales business. Future uses could include storage units, a manufactured home park, or even conversion into a magnificent oceanfront residence. A completed survey with marked corners is available. The property includes a water meter located on the ocean view portion of the land

    Property Features for 15282 Highway 101

    General Information

    Property type
    Other commercial real estate
    Lot Size
    61,420 SF

    Building Details

    Year Built
    1995
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Storage Facility Garden Center Pawn Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Brookings
    County
    Curry
    State
    Oregon
    Longitude
    -124.2287
    Latitude
    42.02386

    Nearby Similar for Sale

    • $949,900
      3,296 SF

      Brookings Multi-Unit Investment Opportunity

      Charming multi-unit property on 1.64 acres near Brookings.
      17144 Parkview Dr, Brookings, OR 97415
      View Details
    • $899,000
      9,360 SF

      Mixed-Use Property in Brookings, Oregon

      Mixed-use commercial property in Brookings' thriving downtown district.
      601 Chetco Ave, Brookings, OR 97415
      View Details
    • $849,000
      10,500 SF

      Prime Commercial Investment Opportunity

      Income-producing property with long-term tenants in a desirable Brookings location.
      16218 W Hoffeldt Ln, Brookings, OR 97415
      View Details
    • New
      $289,000
      1,306 SF

      Brookings Home with Vaulted Ceilings

      Two-bedroom home near Oregon Coast in Brookings, Oregon.
      1475 Seacrest Ln, Brookings, OR 97415
      View Details
    • $899,000
      12,716 SF

      Strip Mall on Highway 101

      Well-maintained strip mall with high visibility on Highway 101.
      1111 Chetco Ave, Brookings, OR 97415
      View Details
    • $979,000
      5,134 SF

      Brookings Multifamily Investment Opportunity

      Centrally located 8-unit apartment complex with income potential.
      542 Pacific Ave, Brookings, OR 97415
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 1.41-acre commercial lot with ocean views. Owner financing available.
    Where is this commercial real estate located?
    The property is located at 15282 Highway 101 Brookings, OR.
    What is the asking price?
    The asking price for this property is $498,000.
    (541) 391-4945
    Request Owner's contact information
    15282 Highway 101 Brookings, OR 97415
    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.
    15282 Highway 101
    Brookings, OR 97415
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    15282 Highway 101 Brookings, OR 97415
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.