15647 Us-101 Brookings, OR 97415
This exceptional 2.47-acre commercial property in Brookings, Oregon, presents a unique investment opportunity. Located on US-101 with high visibility and ocean proximity, the property boasts six existing buildings. These include two residential homes, a restaurant exceeding 2000 square feet, several smaller retail structures, garages, and a former cannery building. Additionally, three RV rental spaces are currently in operation. The property is zoned RR5&RC, permitting multi-housing, RV park, retail, restaurant, and hospitality uses. This versatile land offers significant potential for expansion or the creation of a new venture. The location on historic Highway 101 ensures high traffic exposure, while the stunning coastal setting provides an attractive backdrop for any business. This is a rare chance to acquire a substantial commercial property with diverse income streams and significant development potential in a highly desirable Oregon coastal location. The asking price is $1,200,000.
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.