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    OFF-MARKET
    Land

    0 West Devils Lake Rd, Lincoln City, OR 97367

    26.92 ac lot
    Property ID
    Property summary
    AI-generated overview

    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

    Property profile
    Verified
    Property type Land
    Lot 26.92 ac (1,172,635 SF)
    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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