Property profile

200 Acres Resort Dr Cloverdale, OR 97135

OFF-MARKET
Specialty properties
8,755,560 SF
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Property summary

AI-generated overview

This exceptional 200-acre property in Pacific City, Oregon, presents a unique investment opportunity. Boasting 8,755,560 square feet of land, it offers breathtaking Pacific Ocean and Nestucca River views. The property is eligible for resort overlay zoning, unlocking diverse development possibilities, from luxury resorts to secluded retreats. Currently accessible from two Resort Drive points, with a potential third access point from Brooten Road. The land is a haven for wildlife, including elk, eagles, and various bird species. Located in the highly desirable Pacific City, this property provides unparalleled access to Oregon's renowned Pacific Northwest beauty. The asking price is $9,000,000. This is a rare chance to create a remarkable development in a coveted location. The property's natural beauty and prime location make it an ideal site for a variety of projects. The expansive acreage and stunning views offer endless possibilities for a discerning investor.

Property profile

Verified
Property type Specialty properties
Total area 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

Location

200 Acres Resort Dr Cloverdale, OR 97135
Cloverdale metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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