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Approved 4-Plex Lot
For Sale
$99,500

Nw 22nd St Tl5500, Lincoln City, OR 97367

Land is zoned R-M and site-plan approved for a 4-plex, with electricity, public water, and public sewer connected.

Property SizeContact for details
Lot Size0.22 Acres
Days on Market52

Property Features for Nw 22nd St Tl5500

General Information

Standard status Active
Lot size 0.22 Acres
Property subtype Vacant Land
Zoning R-M

Site & Location

Road Access Yes
Utilities to Site Yes
Listing Agency: Realty One Group At The Beach
Listed By: Vanessa Corder · License #201256411
Source: Rosecityrealtygroup
Added: Jul 20 Changed: Sep 8 Last Checked: Sep 7 at 11:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty One Group At The Beach

Investment Insights

Based on property information with market context.

This site-plan approved parcel is zoned R-M and approved for a 4-plex. The seller reports electricity, public water, and public sewer are connected at the site, supporting a straightforward path toward permits and site work.

The property fronts a paved city street with curbs and sidewalks in place. Seller financing is available with owner terms. The seller also notes last year’s taxes were $1,147, with no HOA and no CC&Rs, and that there is no land lease.

Buyer due diligence with the city is required to confirm plans, unit mix, and related details.

Key Highlights

  • 0.22‑acre parcel in Lincoln City’s Ocean Lake neighborhood, zoned R‑M and site‑plan approved for a 4‑plex
  • Utilities are already connected: electricity, public water, and public sewer at the site
  • Fronts a paved city street with curbs and sidewalks in place

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service Kitchen & Bath Showroom Grocery & Convenience Store Storage Facility Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

450
Businesses Nearby

Demographics for 97367, OR

11,095
Population
8,138
Households
1.4
Avg Household Size
53
Median Age
29%
College-Educated
91%
High-School Grad
45.7 sq mi
ZIP Area
243
Density / Sq Mi
$58,845
Median Household Income
$37,370
Median Earnings
$1,333
Median Rent
$388,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land is zoned R-M and site-plan approved for a 4-plex, with electricity, public water, and public sewer connected.
Where is this residential land & home lot located?
The property is located at Nw 22nd St Tl5500 Lincoln City, OR.
What is the asking price?
The asking price for this property is $99,500.
What are key features of this property?
This property features: 0.22‑acre parcel in Lincoln City’s Ocean Lake neighborhood, zoned R‑M and site‑plan approved for a 4‑plex; Utilities are already connected: electricity, public water, and public sewer at the site; Fronts a paved city street with curbs and sidewalks in place
More about this property
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