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    Property profile & analytics

    304 Hwy 101 Lincoln City, OR 97367-2750

    • Turn key restaurants
    • 15,460 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $490,000
    Last Sale
    Jun 23, 2021
    $430,000
    Location Intelligence
    Property ID
    US71-0302196
    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

    • Turn key restaurants

    Property Details for 304 Hwy 101

    Year built
    1930
    Construction
    CONCRETE
    Lot size
    0.12 lot acres
    Property size
    15,460 SF
    Zone code
    G-C;GENERAL COMMERCIAL
    Property type
    Turn key restaurants
    APN
    07-11-15-DB-13600-00
    APU
    071115DB1360000

    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
    -124.017
    Latitude
    44.9648
    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
    $6,407
    $0.00
    $0.00
    $375,240
    -
    $155,870
    $300,880
    $456,750

    Comparable in this City

    • Value Estimation by Request
      17,555 SF

      2020 22nd St

      RESTAURANT • 17,555 SF
      2020 22nd St, Lincoln City, OR 97367-4203
      View Details
    • Value Estimation by Request
      5,269 SF

      4060 Hwy 101

      RESTAURANT • 5,269 SF
      4060 Hwy 101, Lincoln City, OR 97367-5069
      View Details
    • Value Estimation by Request
      2,123 SF

      3820 Hwy 101

      RESTAURANT • 2,123 SF
      3820 Hwy 101, Lincoln City, OR 97367-5077
      View Details
    • Value Estimation by Request
      3,180 SF

      1512 Hwy 101

      RESTAURANT • 3,180 SF
      1512 Hwy 101, Lincoln City, OR 97367-2346
      View Details
    • Value Estimation by Request
      1,368 SF

      3691 Hwy 101

      RESTAURANT • 1,368 SF
      3691 Hwy 101, Lincoln City, OR 97367-5048
      View Details
    • Value Estimation
      $385,000
      4,040 SF

      317 Hwy 101

      RESTAURANT • 4,040 SF
      317 Hwy 101, Lincoln City, OR 97367-2759
      View Details

    Similar Nearby for Sale

    • $945,000
      2,524 SF

      Remodeled Commercial Building on Highway

      Remodeled commercial building with high visibility and indoor/outdoor seating.
      1330 Highway 101 NE, Lincoln City, OR 97367
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    • $825,000
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      Highway Frontage Commercial Property

      Commercial property with highway frontage in Lincoln City, Oregon.
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      Lincoln City Retail Business for Sale

      Established Business, Prime Location, Turnkey Opportunity
      545 Highway 101, Lincoln City, OR 97367
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    • $895,000
      6,346 SF

      Commercial Building in Taft District

      Commercial building on a corner lot with high visibility.
      4787 Highway 101 SW, Lincoln City, OR 97367
      View Details
    • $1,800,000
      12,300 SF

      Highway Frontage Commercial Building

      High-traffic commercial building with retail and flex space.
      1745 Highway 101 SW, Lincoln City, OR 97367
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    • $1,950,000
      21,020 SF

      Highway 101 Frontage Commercial Property

      2.03 acres with 21,020 SF buildings in Lincoln City.
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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
      View Details
    • $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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    304 Hwy 101
    Lincoln City, OR 97367-2750
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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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