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    Property profile & analytics

    2451 36th Dr Lincoln City, OR 97367-5014

    • Commercial land
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 15, 2022
    $75,000
    Location Intelligence
    Property ID
    US71-0543507
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 2451 36th Dr

    Year built
    1968
    Lot size
    0.37 lot acres
    Zone code
    GC;GENERAL COMMERCIAL
    Property type
    Commercial land
    APN
    07-11-02-B0-00704-00
    APU
    071102B00070400

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln City
    County
    Lincoln
    State
    Oregon
    Longitude
    -124.003
    Latitude
    44.9945
    CBSA code
    35440
    CBSA name
    NEWPORT, OR MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $568
    $0.00
    $0.00
    $33,030
    -
    $44,390
    $0.00
    $44,390

    Comparable in this City

    • Value Estimation by Request
      0.10 Acres

      1375 19th St

      VACANT COMMERCIAL LAND • 0.10 Acres
      1375 19th St, Lincoln City, OR 97367
      View Details
    • Value Estimation by Request
      0.07 Acres

      195 Hbr Ave

      VACANT COMMERCIAL LAND • 0.07 Acres
      195 Hbr Ave, Lincoln City, OR 97367-2833
      View Details
    • Value Estimation by Request
      0.08 Acres

      121 Hbr Ave

      VACANT COMMERCIAL LAND • 0.08 Acres
      121 Hbr Ave, Lincoln City, OR 97367-2833
      View Details
    • Value Estimation by Request
      0.07 Acres

      4756 Hwy 101

      VACANT COMMERCIAL LAND • 0.07 Acres
      4756 Hwy 101, Lincoln City, OR 97367-1544
      View Details
    • Value Estimation by Request
      0.11 Acres

      Lincoln City, OR 97367

      VACANT COMMERCIAL LAND • 0.11 Acres
      Lincoln City, OR 97367
      View Details
    • Value Estimation by Request
      0.06 Acres

      Lincoln City, OR 97367

      VACANT COMMERCIAL LAND • 0.06 Acres
      Lincoln City, OR 97367
      View Details

    Similar Nearby for Sale

    • $1,579,000

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      Prime commercial land with highway frontage and excellent visibility.
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      Highway 101 Commercial Acreage

      Commercial land with highway frontage in Nelscott Neighborhood.
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    • $75,000
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      Commercial Land in Lincoln City

      Commercial zoned land parcel in Lincoln City, Oregon.
      1200 NW Dr, Lincoln City, OR 97367
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    • $2,250,000
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      Highway Frontage Commercial Acreage

      2.10 acres of commercial land with highway frontage.
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    Similar Nearby for Lease

    • Contact for pricing
      1,800 SF

      Lincoln City Plaza Retail Space

      Prime Lincoln City retail space available.
      4041 Logan Rd, Lincoln City, OR 97367
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    • $15 SF/Yr
      18,500 SF

      Retail Space in Lincoln City

      Retail space with high visibility near Highway 101 available.
      4069 NW Logan Rd, Lincoln City, OR 97367
      View Details
    • Contact for pricing
      1,702 SF

      Retail Space on Highway 101

      Standalone retail building in a high-visibility location.
      900 Highway 101 SE, Lincoln City, OR 97367
      View Details
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    2451 36th Dr
    Lincoln City, OR 97367-5014
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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