0 West Devils Lake Rd, Lincoln City, OR 97367
This exceptional 26.92-acre parcel presents a unique residential development opportunity in Lincoln City, Oregon. Located at NE West Devils Lake Road and NE 35th Drive, this property boasts a prime location just over half a mile from the Pacific Ocean beaches at the north end of Lincoln City. Its convenient proximity to Holmes Road Park, featuring a public boat ramp to Devil's Lake, adds significant recreational appeal. The property's sloped terrain offers an elevation change of approximately 150 feet from the southeast corner to the northwest corner, creating desirable view lots for future development. Multiple transportation connections are readily accessible from all sides of the property, enhancing its accessibility and desirability. The property is zoned R-1-7.5 and has the APN numbers: 071102CA0010000
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
Similar Nearby for Sale
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.