Property profile

3902 Laneda Ave Manzanita, OR 97130

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

This exceptional commercial property, located at 3902 Laneda Avenue in Manzanita, Oregon, presents a rare investment opportunity. The 17,859.6 square foot lot is situated at the southwest corner of Laneda Avenue and Classic Street, offering unparalleled visibility and accessibility. Its C-1 zoning allows for a wide range of commercial development possibilities, making it ideal for entrepreneurs and investors seeking a prime location in a thriving coastal community. The property's proximity to Manzanita's beautiful beaches and vibrant attractions ensures high foot traffic and visibility. The lot's size also presents the potential for subdivision into three separate parcels, further enhancing its development potential. All utilities are conveniently located at the street, simplifying the development process. This property is being offered at $1,199,999. Prospective buyers are advised to conduct their own due diligence with the City of Manzanita to confirm all zoning regulations and development possibilities. Don't miss this chance to acquire a significant piece of Manzanita's commercial landscape. This is a truly unique opportunity to invest in a thriving coastal Oregon town.

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

Location

3902 Laneda Ave Manzanita, OR 97130
Manzanita metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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