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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

15647 Us-101 Brookings, OR 97415

2.47 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Lot 2.47 ac (107,593 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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