Financial
Distress signals
Property profile

12955 Highway 101 N Nehalem, OR 97131

FOR SALE
Flex space
Property ID
US71-0764862
960 SF 0.14 ac lot Built 1920
Last sale May 2007 · $110,000
Individually Owned Owner of record is an individual. 19-yr Hold Held for 19 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A downtown Nehalem commercial building configured for creative studio/workshop use, historically operated as a clay/pottery studio. The interior layout includes a customer-facing retail area, a dedicated studio/workshop area, and a separate kiln room, with additional storage space provided in an attached or associated garage. The pottery studio is set up to support up to 7 pottery wheels, with potential for additional wheels depending on configuration. The building is located along Highway 101 North in Nehalem, positioned between Manzanita and Wheeler.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$118k
Assessed land$78k
Assessed improvement$40k
Effective rate1.32%

Value estimate

· Sep 2026
$195k
$176k – $215k
AI approach$165k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
JurisdictionTILLAMOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop9.2
Electrical Service9.0
Realty agency8.8

Location

12955 Highway 101 N Nehalem, OR 97131
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
3 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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