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OFF-MARKET
Specialty properties

5700 9Th St Newport, OR 97365

Property ID
Property summary
AI-generated overview

This exceptional commercial lot, located at 5700 SW 9th Street in the heart of Newport, Oregon, presents a unique investment opportunity. Priced at $228,000, this 8,712 square foot parcel is perfectly situated for a variety of commercial ventures. Its prime location offers excellent visibility and accessibility, making it an ideal site for retail establishments or professional office spaces. The property boasts a paved street frontage and readily available city utilities, simplifying the development process and minimizing upfront infrastructure costs. The lot is situated in Lincoln County, Oregon, with a zip code of 97365. Its coordinates are 44.6304683 latitude and -124.0594304 longitude. This is a rare opportunity to acquire a well-located commercial lot in a thriving Oregon coastal community. The property's size and location make it suitable for a range of development projects, offering significant potential for future growth and return on investment. The convenient access to city utilities and paved street access further enhance its appeal to prospective developers and businesses. Don't miss this chance to secure a prime piece of Newport commercial real estate.

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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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