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    1600 Marine Dr Yachats, OR 97498

    Sponsored
    For Sale
    $235,000

    Prime C-1 Zoned Lot, Ocean Views

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional .28-acre commercial lot, located at 1600 Marine Drive in Yachats, Oregon, presents a unique investment opportunity. Situated on the corner of Highway 101 and Marine Drive, this cleared and relatively level property boasts a desirable C-1 zoning designation. The lot size is 12,196.8 square feet, offering ample space for development. While an ocean view is partially visible from the east perimeter, a second-story building would likely provide unobstructed ocean vistas. The property's convenient location offers excellent visibility and accessibility. City water and sewer are readily available, along with power connections. Potential uses, as outlined in Yachats Municipal Code 9.28.020, include a variety of commercial and residential options, such as medical or veterinary clinics, retail spaces, and mixed-use developments. The asking price is $235,000. Prospective buyers are responsible for conducting their own due diligence to verify all aspects of the property and its potential uses. This is a rare opportunity to acquire a prime commercial lot in a highly sought-after coastal Oregon location. Don't miss out on this chance to build your dream project in beautiful Yachats.

    Property Features for 1600 Marine Dr

    General Information

    Property type
    Specialty properties

    HighLights

    • $235,000 asking price.
    • Special purpose property.
    • 12,196.8 sq ft lot size.
    • C‑1 zoned, .28‑acre lot in Yachats, OR.
    • Ocean view potential; located on Hwy 101 and Marine Drive.
    • City water, sewer, and power readily accessible.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Building Supply Restaurant Spa & Massage Wholesale Shop Hair Salon Clothing Store Pharmacy Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Yachats
    County
    Lincoln
    State
    Oregon
    Longitude
    -124.1052508
    Latitude
    44.3181292

    Nearby Comparable

    • $485,000

      Yachats Commercial Lots: Oceanfront Potential

      Three prime commercial lots, downtown Yachats, Oregon. Ocean views, development ready.
      452 4 St, Yachats, OR 97498
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    • $1,042,500
      2,958 SF

      Yachats Restaurant - Turnkey Opportunity

      Established Restaurant, Coastal Oregon. Prime Location.
      580 Us-101, Yachats, OR 97498
      View Details

    Nearby Similar for Sale

    • $1,835,000
      3,874 SF

      Oceanfront Motel, Yachats, Oregon

      Six-unit motel, 200' ocean frontage, stunning views.
      95500 Highway 101, Yachats, OR 97498
      View Details
    • $1,042,500
      2,958 SF

      Yachats Restaurant - Turnkey Opportunity

      Established Restaurant, Coastal Oregon. Prime Location.
      580 Us-101, Yachats, OR 97498
      View Details
    • $485,000

      Yachats Commercial Lots: Oceanfront Potential

      Three prime commercial lots, downtown Yachats, Oregon. Ocean views, development ready.
      452 4 St, Yachats, OR 97498
      View Details

    FAQs

    What type of property is this?
    Specialty property - Prime C-1 Zoned Lot, Ocean Views
    Where is this specialty property located?
    The property is located at 1600 Marine Dr Yachats, OR.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: $235,000 asking price.; Special purpose property.; 12,196.8 sq ft lot size.
    (541) 413-5637
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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
    1600 Marine Dr Yachats, OR 97498
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