Property profile

34640 Brooten Rd Cloverdale, OR 97135

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

This exceptional 4,356 sq ft lot in Pacific City, Oregon, presents a unique mixed-use development opportunity. Located at 34640 Brooten Road, 97135, this property boasts 25 feet of Nestucca River frontage, complete with existing docks. Previously permitted for mixed-use townhouses (plans available upon request), the property offers considerable flexibility for various commercial ventures. Permitted uses include apartments, retail spaces, or professional offices with residential components above. Imagine a boutique hotel, or explore other creative uses for this prime riverfront location. The property's strategic location in the heart of Pacific City provides excellent access to local amenities and attractions. The asking price is $95,000. This is a rare chance to acquire a versatile commercial parcel with significant development potential in a highly desirable coastal Oregon town. The property is situated in Tillamook County, Oregon, and its coordinates are 45.1905388 latitude and -123.9472688 longitude. Don't miss this chance to capitalize on the potential of this unique property.

Property profile

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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

Location

34640 Brooten Rd Cloverdale, OR 97135
Cloverdale metro
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Value estimations

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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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