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    106 Siletz Hwy, Lincoln City, OR 97367

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    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.

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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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