0 Lahaina Loop Rd Cloverdale, OR 97135
Exceptional investment opportunity awaits in Pacific City, Oregon, with this collection of 26 fully finished residential lots. Located on Lahaina Loop Rd, zip code 97135, this development presents a rare chance to acquire prime coastal land at below replacement cost. The property is situated in a highly desirable area known for its stunning white sand beaches and world-class recreational opportunities, making it an ideal location for residential development. Each lot is ready for construction, with public sewer, water, and electric services conveniently located at the street. The low HOA fees add to the appeal of this well-planned residential community. This offering presents a compelling investment prospect, given the increasing demand for coastal properties in this sought-after Oregon location. The latitude and longitude coordinates are 45.2008263, -123.9529461. The asking price for the entire development is $1,950,000. This represents a significant opportunity for developers seeking to capitalize on the thriving Pacific City real estate market. The property is classified as residential 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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.