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    2700 Dr Ptn Tax, Lincoln City, OR 97367

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    AI-generated overview

    This exceptional .81-acre parcel, located at 2700 SE Blk 23rd DR PTN tax lot 100 in Lincoln City, Oregon (zip code 97367), presents a unique opportunity for industrial development. Zoned PI-Planned Industrial, this property offers significant potential. The lot encompasses 35,283.6 square feet and boasts convenient street access to utilities. Please note that a septic system has not yet been applied for. This sale is contingent upon a lot line adjustment, creating a new tax lot (PTN) from the larger tax lot 100. The resulting parcel will be approximately .81 acres. It's important to understand that this sale is part of a larger transaction involving two other properties: a 3.10-acre parcel (MLS 24-159) and a 2.29-acre parcel with a 13,000+ square foot warehouse/industrial building (MLS 24-161). All three properties must close simultaneously

    Property profile
    Verified
    Property type Specialty properties
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
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    Permitted uses
    Allowed · conditional · prohibited
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