Property profile

346800 Brooten Rd Cloverdale, OR 97135

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

This exceptional 3,049.2 sq ft commercial property in Pacific City, Oregon, presents a unique investment opportunity. Located at 346800 Brooten Road, 97135, this special-purpose land boasts 75 feet of prime river frontage, with depths reaching 57 feet. The property's advantageous location neighbors the Riverhouse Restaurant to the north, offering excellent visibility and potential synergy. Originally listed with 50 feet of river frontage, this offering has been significantly expanded by 50%, providing ample space and simplifying setback requirements for development. The increased river frontage opens up a wide range of possibilities, including the potential construction of a commercial dock. The asking price is $110,000, representing a significant reduction from the original listing price. Situated in Tillamook County, this property offers unparalleled access to the river and presents substantial potential for a variety of commercial ventures. The expansive lot size and prime location make this an exceptional opportunity for an investor seeking a unique and high-potential commercial property in a desirable Oregon coastal location. The latitude and longitude coordinates are 45.1895158, -123.9494426 respectively. This is a rare chance to acquire a substantial riverfront parcel with significant development potential.

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

Location

346800 Brooten Rd Cloverdale, OR 97135
Cloverdale metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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