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    8000 Alpine St, Newport, OR 97365

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    This exceptional 3,049.2 square foot commercial lot presents a unique investment opportunity in the highly desirable Nye Beach area of Newport, Oregon. Located at 8000 NW Alpine Street, this property boasts flexible zoning, opening doors to a wide array of potential commercial ventures. The asking price is $95,000, making it an attractive proposition for savvy investors seeking a foothold in a thriving coastal community. The property's location within Nye Beach offers unparalleled access to the area's vibrant atmosphere, attracting significant foot traffic and tourism. This translates to high visibility and potential for strong returns on investment. The generous lot size provides ample space for development, allowing for creative design and efficient use of the land. The flexible zoning regulations offer considerable latitude in terms of permitted uses, making this property suitable for a diverse range of businesses. With its prime location and development potential, this commercial lot represents a rare opportunity to establish a successful enterprise in one of Oregon's most sought-after coastal destinations. The property is situated in Lincoln County, Oregon, and has a 97365 zip code. Its geographic coordinates are 44.6398564 latitude and -124.0614991 longitude. This is a truly exceptional opportunity to capitalize on the burgeoning commercial landscape of Nye Beach.

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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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    Permitted uses
    Allowed · conditional · prohibited
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