Property profile

2020 22nd St Lincoln City, OR 97367

OFF-MARKET
Turn key restaurants
Property ID
US71-0960706
17,555 SF 0.33 ac lot Built 1953
Individually Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1953
Total area 17,555 SF
Lot 0.33 ac (14,375 SF)
Zoning code G-C;GENERAL COMMERCIAL
APN 07-11-11-BC-00600-00
UPID US71-0960706

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
  • Restaurant
  • Gym & Fitness Center

Location

2020 22nd St Lincoln City, OR 97367-4203
Lincoln City metro Census 950304 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
$2.38M
Blend (final) Blend
$630k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Zoning & alternative use

G-C;GENERAL COMMERCIAL · 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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