Property profile

1316 Hwy 101 Lincoln City, OR 97367

OFF-MARKET
Retail space
Property ID
US71-0877928
1,628 SF 0.16 ac lot Built 1935
Entity Owned 2-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

A one-level remodeled commercial building with 50 feet of frontage on Highway 101, located in the Oceanlake District of downtown Lincoln City. The property is zoned OP-MSH, which permits a mix of residential, commercial, and recreational uses and is oriented toward pedestrian accessibility. The main building footprint totals 1,628 square feet on a 0.17-acre lot, and it includes additional leased-use areas for shared parking, a shed, and an outside lawn area associated with a neighboring business. The property has tenant occupancy under an existing long-term lease structure, and features audio and visual recording both inside and outside the building.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1935
Total area 1,628 SF
Lot 0.16 ac (6,970 SF)
Zoning code OP(MSH)
APN 07-11-10-DC-03600-00
UPID US71-0877928

Cap rate & NOI

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

Location

1316 Hwy 101 Lincoln City, OR 97367-3339
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
by Request
Blend (final) Blend
$410k

Owner & transaction history

since 2023
Last sale
$375,000
3 recorded transactions
2023
$375,000
2014
$147,000
2004
$140,000

Zoning & alternative use

OP(MSH) · Lincoln City, OR

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
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 1316 Hwy 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