106 Siletz Hwy, Lincoln City, OR 97367
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.
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
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.