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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Retail space
2125 Hwy 101, Lincoln City, OR 97367-4254
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0255034
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Total area
3,534 SF
Lot
0.11 ac (4,792 SF)
Zoning code
G-C;GENERAL COMMERCIAL
APN
07-11-10-AD-03000-00
UPID
US71-0255034
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
$695k
CAP Approach
CAP
$660k
Comparable Approach
Comparable
$472k
Blend (final)
Blend
$695k
Owner & transaction history
Lincoln County · 1 yrs held
Lincoln County
since 2024
Last sale
$695,000
7 recorded transactions
Zoning & alternative use
G-C;GENERAL COMMERCIAL · Lincoln City, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lincoln City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincoln City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$695,000
ML approach
$695,000
CAP Approach
CAP Return
Estimation
6%
$715,000
6.5%
$660,000
7%
$615,000
Alternative Use
Use
Estimation
RETAIL STORES
$625,000
Current use
Blend value · Realmo final
$695k
Range $626k – $765k · ±10% · vs last sale $695k (Oct 1 2024)
Last sale anchor
$695k
Oct 1 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$197 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,935
Tax year 2023
Assessed value
$230,420
Assessed 2023
Previous assessed
$230,420
+0.0% YoY
Effective rate
1.71%
On assessed value
Land market value
$161,840
Improvement market value
$205,400
Total market value
$367,240
Applied tax rate
402.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1950
Heating
NONE
Buildings
2
Bathrooms
1
Total area
3,534 SF
Lot
0.11 ac (4,792 SF)
Zoning code
G-C;GENERAL COMMERCIAL
APN
07-11-10-AD-03000-00
UPID
US71-0255034
Jurisdiction
LINCOLN
Zoning & alternative use
G-C;GENERAL COMMERCIAL · Lincoln City, OR
Zoning G-C;GENERAL COMMERCIAL · permitted uses
G-C;GENERAL COMMERCIAL · Lincoln City, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lincoln City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$625,000
RETAIL STORES Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Buildings
2
Bathrooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Lincoln County
Entity
Mailing address
225 W OLIVE ST STE #110, NEWPORT, OR 97365-3811
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2024
$695,000
Lincoln County
Fowler & Fowler LLC
Warranty Deed
—
Nov 9, 2021
$375,000
Fowler & Fowler LLC
Joseph Barnes
Warranty Deed
$340,500 · First Interstate Bank
Jun 17, 2011
$309,000
Joseph Barnes
Opi LLC
Warranty Deed
$270,000 · West Coast Bank
Oct 25, 2010
$115,000
Opi LLC
Bayview Ln Svcg LLC
Grant Deed
$112,500 · West Coast Bank
Mar 4, 2010
$2,902
Bayview Ln Svcg LLC
Lsi Title Of Oregon LLC
Trustees Deed
related
—
Feb 14, 2008
—
James F Oroak
Dove Equity LLC
Grant Deed
related
—
Dec 10, 2004
$210,000
Dove Equity LLC
Dollar,thomas R
Warranty Deed
related
$35,000 · Thomas R Dollar
—
—
Joseph V Barnes
—
Deed Of Trust
related
$249,000 · Us Bank NA
—
—
Opi LLC
—
Deed Of Trust
related
$112,500 · West Coast Bank
—
—
Dove Equity LLC
—
Deed Of Trust
related
$364,000 · Lehman Brothers Bank Fsb
—
—
Dove Equity LLC
—
Deed Of Trust
related
$57,245 · John True
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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