Property profile

12955 HIGHWAY 101 Nehalem, OR 97131

OFF-MARKET
Light Industrial
Property ID
US71-0764862
960 SF 0.14 ac lot Built 1920
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Situated in downtown Nehalem between Manzanita and Wheeler on the North Oregon Coast, this commercial building contains approximately 1,274 square feet of interior space on a 0.14-acre lot. The layout includes a retail area, a studio/workshop, a kiln room, and additional storage space in an attached garage. The space has been configured to support pottery production, with capacity for up to seven pottery wheels (with potential for additional wheels). The property is zoned “C” and may be suitable for other business uses in accordance with local zoning requirements.

Property profile

Verified
Property type Light Industrial
Year built 1920
Total area 960 SF
Lot 0.14 ac (6,098 SF)
APN 3N1027-CA-02401
UPID US71-0764862

Cap rate & NOI

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

Location

12955 HIGHWAY 101 Nehalem, OR 97131
Nehalem metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2020
Last sale
$170,000
1 recorded transaction
2020
$170,000
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12955 HIGHWAY 101?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message