Property profile

1115 1st St Lincoln City, OR 97367

OFF-MARKET
Turn key restaurants
Property ID
US71-0254109
3,646 SF 0.26 ac lot Built 1960
Individually Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Total area 3,646 SF
Lot 0.26 ac (11,326 SF)
Zoning code G-C;GENERAL COMMERCIAL
APN 07-11-15-AC-03600-00
UPID US71-0254109

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1115 1st St Lincoln City, OR 97367-2803
Lincoln City metro Census 950402 NEWPORT, OR MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$964k
Blend (final) Blend
$575k

Owner & transaction history

since 2015
1 recorded transaction
2015
$450,000

Zoning & alternative use

G-C;GENERAL COMMERCIAL · Lincoln City, OR
Top alternative use upside
Commercial (general) $1.5M +66.5%

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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