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    106 Siletz Hwy Lincoln City, OR 97367

    Sponsored
    For Sale
    $475,000

    Rare Riverfront Commercial Land, Lincoln City, OR

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional commercial property, located at 106 Siletz Highway in Lincoln City, Oregon, presents a unique investment opportunity. Priced at $475,000, this 38,768.4 square foot lot boasts prime Siletz River frontage and is zoned M-P Planned Marine/Recreation. The property features a rare, privately owned boat launch directly on the river, ideal for various commercial marine activities. While overnight camping is prohibited, daytime marine uses are permitted, including launching boats, canoes, and kayaks; fishing for salmon, steelhead, and trout; and crabbing from a custom-built dock. The potential for developing a commercial boat dock is significant, further enhancing the property's value. A convenient on-site fish cleaning station adds to the property's appeal for recreational and commercial users. The property's location in Lincoln City, Oregon, within Lincoln County, and its zip code of 97367, offers excellent access to local amenities and a thriving tourism market. This is a rare opportunity to acquire a commercially zoned waterfront property with established recreational access and significant development potential. The property's unique features and strategic location make it an attractive investment for entrepreneurs seeking a profitable venture in the marine and recreational sectors. The latitude and longitude coordinates are 44.899824, -124.0060686 respectively.

    Property Features for 106 Siletz Hwy

    General Information

    Property type
    Specialty properties

    HighLights

    • $475,000 asking price.
    • Special Purpose property.
    • 38,768.4 sq ft lot.
    • Lincoln City, OR location at 106 Siletz Highway.
    • Commercially zoned M‑P Planned Marine/Recreation.
    • Siletz River frontage with private dock; day‑use marine activities permitted.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -124.0060686
    Latitude
    44.899824

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    FAQs

    What type of property is this?
    Specialty property - Rare Riverfront Commercial Land, Lincoln City, OR
    Where is this specialty property located?
    The property is located at 106 Siletz Hwy Lincoln City, OR.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: $475,000 asking price.; Special Purpose property.; 38,768.4 sq ft lot.
    Request Owner's contact information
    106 Siletz Hwy Lincoln City, OR 97367
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    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
    106 Siletz Hwy Lincoln City, OR 97367
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