Property profile

1500 See Devils Lk Rd Lincoln City, OR 97367

OFF-MARKET
Retail space
Property ID
US71-0962572
257,594 SF 13.95 ac lot Built 1989
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1989
Construction WOOD
Total area 257,594 SF
Lot 13.95 ac (607,662 SF)
Zoning code G-C;GENERAL COMMERCIAL
APN 07-11-15-DD-04901-00
UPID US71-0962572

Cap rate & NOI

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

Location

1500 See Devils Lk Rd Lincoln City, OR 97367-2660
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
$61.24M
Blend (final) Blend
$61.24M

Owner & transaction history

since 2024
2 recorded transactions
2024
$35.3M
2014
$39,500

Zoning & alternative use

G-C;GENERAL COMMERCIAL · Lincoln City, OR
Top alternative use upside
Restaurant $63.6M +40.1%

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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