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    Highway 101 Lincoln City, OR 97367

    Sponsored
    For Sale
    $2,250,000

    High-traffic location, warehouse & retail

    Property size:
    21,020 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Lincoln City, Oregon property offers 21,020 square feet of versatile space, ideally suited for a variety of commercial uses. Situated on 2.03 acres with 326 feet of Highway 101 frontage, this established location boasts high visibility and easy access. The property includes a main building featuring both retail space and a warehouse, plus a detached warehouse, providing ample storage capacity. A large paved area accommodates ample parking and easy maneuvering for large delivery vehicles. Built in 1964, the property consists of two buildings and is zoned GC-General Commercial, offering flexibility for future development. The asking price is $2,250,000, translating to $107.04 per square foot. This is a single-tenancy, NNN lease property. The seller reserves the right to restrict certain future usages. Showings are by appointment only.

    Property Features for 0 Highway 101

    General Information

    Property type
    Distribution properties
    Square Feet
    21,020 SF
    Lot Size
    88,427 SF

    Building Details

    Year Built
    1964
    Buildings
    2

    HighLights

    • 21,020 SF versatile commercial space on 2.03 acres.
    • High‑visibility location with 326' of Highway 101 frontage.
    • Main building with retail and warehouse space, plus a detached warehouse.
    • Extensive paved area with ample parking for large trucks.
    • Zoned GC‑General Commercial, offering development flexibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Lincoln City
    County
    Lincoln
    State
    Oregon
    Longitude
    -124.01028096754
    Latitude
    44.919465784894

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    FAQs

    What type of property is this?
    Distribution property - High-traffic location, warehouse & retail
    Where is this distribution property located?
    The property is located at Highway 101 Lincoln City, OR.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: 21,020 SF versatile commercial space on 2.03 acres.; High-visibility location with 326' of Highway 101 frontage.; Main building with retail and warehouse space, plus a detached warehouse.
    Request Owner's contact information
    Highway 101 Lincoln City, OR 97367
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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
    Highway 101 Lincoln City, OR 97367
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