15282 Highway 101 Brookings, OR 97415
This exceptional 1.41-acre commercial property in Brookings, Oregon, presents a rare investment opportunity. Located at 15282 Highway 101, the property boasts stunning, unobstructed ocean views. Currently featuring a commercial office building, the zoning (RC) allows for a variety of uses, including potential redevelopment. The existing structure includes a partially finished office space, a small kitchen, and a half bathroom. A septic system is in place. The land is terraced across the 1.41 acres, offering versatile development possibilities. Previous use included a manufactured home sales business. Future uses could include storage units, a manufactured home park, or even conversion into a magnificent oceanfront residence. A completed survey with marked corners is available. The property includes a water meter located on the ocean view portion of the land
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.