100 40 St, South Beach, OR 97366
This exceptional 87,991.2 square foot property, located at 100 SE 40th Street in South Beach, Oregon, presents a rare investment opportunity. Priced at $895,000, this approximately 2.02-acre lot is zoned Industrial (I-P), offering significant potential for diverse uses. Its prime location in a rapidly developing area of South Beach provides easy access to Oregon Coast Community College and other established businesses. The property boasts an existing 2,400 square foot (60' x 40') four-bay shop, ready for immediate use or customization. Essential utilities, including power, water, and sewer, are conveniently located on-site. The I-P zoning allows for a variety of uses, including storage units and additional shop space, making this a highly versatile investment. Given the limited availability of land suitable for storage units in South Beach, this property represents a unique chance to capitalize on a growing market. The flat terrain simplifies development and construction, further enhancing its appeal. This is a truly exceptional opportunity to acquire a substantial industrial property in a thriving coastal Oregon community. The property's size, existing infrastructure, and strategic location combine to create a compelling investment prospect with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.