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    Property profile & analytics
    OFF-MARKET Estimated value $1,020,000
    Showrooms

    16218 Hoffeldt Ln, Brookings, OR 97415-9459

    6,900 SF 0.39 ac lot Built 1999
    Entity Owned Free & Clear
    Property ID
    US71-1562657
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1999
    Total area 6,900 SF
    Lot 0.39 ac (16,988 SF)
    Zoning code C1
    APN 4113-04CC-03401
    UPID US71-1562657
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.02M
    Blend (final) Blend
    $1.02M
    Owner & transaction history
    RELIANCE CORP APPLIANCE
    RELIANCE CORP APPLIANCE
    Zoning & alternative use
    C1 · Brookings, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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