2047 22ndLincoln City, OR 97367

  • Retail properties
  • 24,492 SF
Off market
$1,406,640 Estimated

Property Details for 2047 22nd

Year built
1969
Construction
STEEL FRAME
Lot size
1.27 AC
Property size (Sq ft)
24,492 SF
Zone code
GC;GENERAL COMMERCIAL
Property type
Retail properties
Property subtype
Retail space
APN
07-11-11-BC-00403-00
APU
071111BC0040300

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $6,614,254
    6.5%
    $6,105,465
    7%
    $5,669,360

  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,721,125
    Geo Method
    $15,814,475

  • Alternative Use

    Use
    Valuation
    Residential
    $5,150,188
    Hospitality
    $4,717,545
    Educational
    $3,924,942
    Medical
    $4,059,927
    Retail
    $6,105,465
2047 22nd, Lincoln City, Oregon
+−
Leaflet | © OpenStreetMap contributors

Location Insight

City
Lincoln City
County
Lincoln
State
Oregon
Latitude
44.9818
Longitude
-124.006
CBSA code
35440
CBSA name
NEWPORT, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,019
-
-
$1,406,640
-
$810,140
$1,068,390
$1,878,530

Comparable in this City

Similar Nearby for Sale

Similar Nearby for Lease

Property Visit Statistics

  • Visits by month
    15.3k
  • Visitors by month
    7.5k
  • Avg Time on site
    15 min

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2047 22nd, Lincoln City, Oregon, 97367

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

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