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

    Resort Dr Cloverdale, OR 97135

    Sponsored
    For Sale
    $9,000,000

    201 Acres, Prime Coastal Location, 110+ Lots Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 201-acre property presents a unique development opportunity in the desirable Pacific City, Oregon area. Located on Resort Dr, this expansive land parcel boasts breathtaking views of the ocean and estuary. The property includes approximately 54 acres adjacent to the Pacific Seawatch Subdivision, offering seamless integration into an established community. A tentative site plan is available, outlining the potential for 110 to 170 building lots, catering to a range of development possibilities. The zoning is diverse, encompassing PCWR2 (Medium Density), SFW20, and RR2 (with a 2-acre minimum lot size), allowing for flexibility in project design. The PCWR2 zoning covers approximately 1100 acres, while the SFW20 zoning encompasses approximately 133 acres, and the RR2 zoning covers approximately 12 acres. Two convenient access points from Resort Dr ensure easy accessibility. The property's Assessed Parcel Number (APN) is 218259. This prime coastal land is offered at $9,000,000 and presents an unparalleled investment opportunity for developers seeking to capitalize on the stunning natural beauty and high demand for residential properties in this sought-after location. Detailed planning information is available to qualified buyers. The property is located in Tillamook County, Oregon, with a 97135 zip code.

    Property Features for 0 Resort Dr

    General Information

    Property type
    Land
    Lot Size
    8,755,560 SF

    HighLights

    • $9,000,000 asking price.
    • 201‑acre land parcel.
    • Commercial, residential, and hospitality zoning permitted (PCWR2, SFW20, RR2).
    • Located in Pacific City, Oregon (Tillamook County), at Resort Dr, 97135.
    • APN: 218259.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cloverdale
    County
    Tillamook
    State
    Oregon
    Longitude
    -123.9391552
    Latitude
    45.1967362

    Nearby Comparable

    • $9,000,000
      8,755,560 SF

      Oceanfront Oregon Resort Land

      200 Acres, Stunning Views, Development Potential
      200 Acres Resort Dr, Cloverdale, OR 97135
      View Details
    • $3,999,900
      9,863 SF

      Pacific City Inn: Beachfront Opportunity

      Oregon Coast Hotel, Restaurant, & Land
      35280 Brooten Rd, Cloverdale, OR 97135
      View Details

    Nearby Similar for Sale

    • $385,000
      1,840 SF

      Prime Commercial Retail Space Cloverdale

      Commercial retail space in the heart of revitalized Cloverdale.
      34395 Highway 101, Cloverdale, OR 97112
      View Details
    • $9,000,000
      8,755,560 SF

      Oceanfront Oregon Resort Land

      200 Acres, Stunning Views, Development Potential
      200 Acres Resort Dr, Cloverdale, OR 97135
      View Details

    FAQs

    What type of property is this?
    Land - 201 Acres, Prime Coastal Location, 110+ Lots Potential
    Where is this land located?
    The property is located at Resort Dr Cloverdale, OR.
    What is the asking price?
    The asking price for this property is $9,000,000.
    What are key features of this property?
    This property features: $9,000,000 asking price.; 201-acre land parcel.; Commercial, residential, and hospitality zoning permitted (PCWR2, SFW20, RR2).
    Request Owner's contact information
    Resort Dr Cloverdale, OR 97135
    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.
    Resort Dr
    Cloverdale, OR 97135
    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
    Resort Dr Cloverdale, OR 97135
    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.