Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Highway 101 Lincoln City, OR 97367
    Back to Search
    Property profile & analytics

    Highway 101 Lincoln City, OR 97367

    View on Map
    • Warehouses
    • 21,020 SF
    • 2.03 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 0 Highway 101

    Year built
    1964
    Lot size
    2.03 lot acres
    Property size
    21,020 SF
    Property type
    Warehouses
    Property subtype
    Mixed-use properties

    Description

    This exceptional Lincoln City, Oregon property offers 21,020 square feet of versatile space, ideally suited for a variety of commercial uses. Situated on 2.03 acres with 326 feet of Highway 101 frontage, this established location boasts high visibility and easy access. The property includes a main building featuring both retail space and a warehouse, plus a detached warehouse, providing ample storage capacity. A large paved area accommodates ample parking and easy maneuvering for large delivery vehicles. Built in 1964, the property consists of two buildings and is zoned GC-General Commercial, offering flexibility for future development. The asking price is $2,250,000, translating to $107.04 per square foot. This is a single-tenancy, NNN lease property. The seller reserves the right to restrict certain future usages. Showings are by appointment only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln City
    County
    Lincoln
    State
    Oregon
    Longitude
    -124.01
    Latitude
    44.9195

    Comparable in this City

    • Value Estimation by Request
      4,000 SF

      1528 19th St

      DISTRIBUTION WAREHOUSE • 4,000 SF
      1528 19th St, Lincoln City, OR 97367-3804
      View Details
    • Value Estimation by Request
      5,500 SF

      3320 Hwy 101

      DISTRIBUTION WAREHOUSE • 5,500 SF
      3320 Hwy 101, Lincoln City, OR 97367-4953
      View Details
    • Value Estimation by Request
      2,784 SF

      2451 27th Dr

      DISTRIBUTION WAREHOUSE • 2,784 SF
      2451 27th Dr, Lincoln City, OR 97367-4444
      View Details
    • Value Estimation by Request
      3,420 SF

      1129 Hwy 101

      DISTRIBUTION WAREHOUSE • 3,420 SF
      1129 Hwy 101, Lincoln City, OR 97367-2637
      View Details
    • Value Estimation by Request
      2,340 SF

      2325 Quay Ave

      DISTRIBUTION WAREHOUSE • 2,340 SF
      2325 Quay Ave, Lincoln City, OR 97367
      View Details
    • Value Estimation by Request
      12,300 SF

      1745 Hwy 101

      DISTRIBUTION WAREHOUSE • 12,300 SF
      1745 Hwy 101, Lincoln City, OR 97367-2354
      View Details

    Similar Nearby for Sale

    • $1,800,000
      12,300 SF

      Highway Frontage Commercial Building

      12,300 SF commercial building on Highway 101 frontage.
      1745 Highway 101 SW, Lincoln City, OR 97367
      View Details
    • $900,000
      7,562 SF

      Lincoln City Commercial Opportunity

      7,562 SF improved property on 0.48 acres, General Commercial zoning.
      2123 NE 36Th Dr, Lincoln City, OR 97367
      View Details
    • $1,224,000
      4,172 SF

      Lincoln City Commercial/Residential Opportunity

      Two adjacent properties with commercial and residential potential in Lincoln City.
      1330 Hwy 101/1333 NE Keel, Lincoln City, OR 97367
      View Details
    • $895,000
      6,346 SF

      Commercial Building in Taft District

      Commercial building on a corner lot with high visibility.
      4787 Highway 101 SW, Lincoln City, OR 97367
      View Details
    • $895,000
      6,346 SF

      Commercial Building in Taft District

      Commercial building with apartment and garage in historic Taft District.
      4787 Highway 101 SW, Lincoln City, OR 97367
      View Details
    • $1,899,000
      21,020 SF

      Highway Frontage Commercial Property

      2.03 acres with 21,020 SF building space for sale.
      6305 Highway 101 SW, Lincoln City, OR 97367
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space For Rent

      Retail space available for rent in Lincoln City, Oregon.
      4041 NW Logan Rd, Lincoln City, OR 97367
      View Details
    • Contact for pricing
      18,500 SF

      Retail Space in Lincoln City

      Retail space with high visibility near Highway 101 available.
      4069 NW Logan Rd, Lincoln City, OR 97367
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Shopping Hub

      Retail space with highway visibility in major shopping center.
      4157 NW Us 101, Lincoln City, OR 97367
      View Details
    • Contact for pricing
      1,702 SF

      Retail Space on Highway 101

      Standalone retail building in a high-visibility location.
      900 Highway 101 SE, Lincoln City, OR 97367
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Highway 101
    Lincoln City, OR 97367
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Highway 101, Lincoln City, OR, 97367
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!