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    3902 Laneda Ave, Manzanita, OR 97130

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    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.

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    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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