Property profile

1422 16th St Lincoln City, OR 97367

OFF-MARKET
Retail properties & Spaces
Property ID
US71-0735704
8,640 SF 0.38 ac lot Built 1987
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1987
Construction WOOD
Total area 8,640 SF
Lot 0.38 ac (16,553 SF)
Zoning code P-I;PLANNED INDUSTRIAL
APN 07-11-22-AA-02300-00
UPID US71-0735704

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
  • Auto Repair Shop

Location

1422 16th St Lincoln City, OR 97367-2427
Lincoln City metro Census 950401 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
$863k
Blend (final) Blend
$565k

Owner & transaction history

since 2017
7 recorded transactions
2017
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

P-I;PLANNED INDUSTRIAL · 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
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