Property profile

3243 Hwy 101 Lincoln City, OR 97367

OFF-MARKET
Turn key restaurants
Property ID
US71-0048300
2,004 SF 0.11 ac lot Built 1975
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1975
Total area 2,004 SF
Lot 0.11 ac (4,792 SF)
Zoning code NP(NBD);NELSCOTT PLAN
APN 07-11-27-BA-11500-00
UPID US71-0048300

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3243 Hwy 101 Lincoln City, OR 97367-1925
Lincoln City metro Census 950401 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
$496k
Blend (final) Blend
$770k

Owner & transaction history

since 2023
Last sale
$700,000
3 recorded transactions
2023
Price N/A
2022
$700,000
2006
$600,000

Zoning & alternative use

NP(NBD);NELSCOTT PLAN · Lincoln City, OR
Top alternative use upside
Commercial (general) $825,000 +66.5%

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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