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OFF-MARKET
Specialty properties

106 Siletz Hwy Lincoln City, OR 97367

Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 106 Siletz Highway in Lincoln City, Oregon, presents a unique investment opportunity. Priced at $475,000, this 38,768.4 square foot lot boasts prime Siletz River frontage and is zoned M-P Planned Marine/Recreation. The property features a rare, privately owned boat launch directly on the river, ideal for various commercial marine activities. While overnight camping is prohibited, daytime marine uses are permitted, including launching boats, canoes, and kayaks; fishing for salmon, steelhead, and trout; and crabbing from a custom-built dock. The potential for developing a commercial boat dock is significant, further enhancing the property's value. A convenient on-site fish cleaning station adds to the property's appeal for recreational and commercial users. The property's location in Lincoln City, Oregon, within Lincoln County, and its zip code of 97367, offers excellent access to local amenities and a thriving tourism market. This is a rare opportunity to acquire a commercially zoned waterfront property with established recreational access and significant development potential. The property's unique features and strategic location make it an attractive investment for entrepreneurs seeking a profitable venture in the marine and recreational sectors. The latitude and longitude coordinates are 44.899824, -124.0060686 respectively.

Property profile
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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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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