16218 Hoffeldt Ln, Brookings, OR 97415-9459
This exceptional commercial property, located at 16218 W HOFFELDT Ln, Brookings, OR, presents a compelling investment opportunity. Situated on a 0.61-acre lot directly off Highway 101, this property boasts two buildings totaling 10,500 square feet and offers a proven history of stable, long-term tenancies. The property is zoned C1 and includes 28 paved parking spaces, plus a convenient side loading/parking area. Building 16218 (tax lot #R27143) comprises 6,900 square feet and is currently divided into two separate rental units. Building 16220 (tax lot #R18698) offers 3,600 square feet of space, including a rear storage unit currently utilized by the owner. This prime location in coastal Brookings, Oregon, ensures strong rental income potential. The property's well-maintained condition and established tenant history contribute to its exceptional value. The asking price is $949,000. Showings are by appointment only. Don't miss this chance to acquire a high-return commercial investment in a desirable coastal Oregon location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Brookings, ORBrookings. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.