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    101 Tl 200 Hwy, Lincoln City, OR 97367

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    Property summary
    AI-generated overview

    This exceptional 5.87-acre parcel presents a unique development opportunity in Lincoln City, Oregon. Strategically located on the highly visible corner of SE Highway 101 and SE 28th Street, directly south of the Spectrum building, this property offers significant potential. The land encompasses a total of 255,697.2 square feet, comprising two distinct zoning classifications. 2.19 acres are zoned G-C, while the remaining 3.68 acres are zoned R-7.5. This dual zoning allows for a diverse range of development possibilities, catering to various project visions. The property's prime location on Highway 101 ensures high visibility and accessibility, making it an ideal site for commercial ventures or mixed-use developments. The asking price for this remarkable opportunity is $650,000. Prospective buyers are responsible for verifying the exact dimensions, zoning regulations, and permitted uses before making a purchase decision. This is one of the few remaining parcels of this size available within the city limits, representing a rare chance to acquire a significant piece of Lincoln City real estate. Don't miss this chance to capitalize on this exceptional location and zoning flexibility.

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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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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