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Property profile & analytics
OFF-MARKET
Land

0 Resort Dr Cloverdale, OR 97135

201 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 201-acre property presents a unique development opportunity in the desirable Pacific City, Oregon area. Located on Resort Dr, this expansive land parcel boasts breathtaking views of the ocean and estuary. The property includes approximately 54 acres adjacent to the Pacific Seawatch Subdivision, offering seamless integration into an established community. A tentative site plan is available, outlining the potential for 110 to 170 building lots, catering to a range of development possibilities. The zoning is diverse, encompassing PCWR2 (Medium Density), SFW20, and RR2 (with a 2-acre minimum lot size), allowing for flexibility in project design. The PCWR2 zoning covers approximately 1100 acres, while the SFW20 zoning encompasses approximately 133 acres, and the RR2 zoning covers approximately 12 acres. Two convenient access points from Resort Dr ensure easy accessibility. The property's Assessed Parcel Number (APN) is 218259. This prime coastal land is offered at $9,000,000 and presents an unparalleled investment opportunity for developers seeking to capitalize on the stunning natural beauty and high demand for residential properties in this sought-after location. Detailed planning information is available to qualified buyers. The property is located in Tillamook County, Oregon, with a 97135 zip code.

Property profile
Verified
Property type Land
Lot 201 ac (8,755,560 SF)
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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