37395 Northfork Rd Nehalem, OR 97131-9010
Marine Residential Zone MR Commercial Zone C Light Industrial Zone LI Public Lands Zone P Flood Hazard Overlay Zone FHO Estuary Zones See Article III 157.201.03 Location of Zone Boundaries (A) Boundaries. The boundaries of zoning districts within the city limits are shown upon the maps entitled “City of Nehalem Zoning Map”. The boundaries of zoning districts…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
MR · Nehalem, ORMarine Residential Zone MR Commercial Zone C Light Industrial Zone LI Public Lands Zone P Flood Hazard Overlay Zone FHO Estuary Zones See Article III 157.201.03 Location of Zone Boundaries (A) Boundaries. The boundaries of zoning districts within the city limits are shown upon the maps entitled “City of Nehalem Zoning Map”. The boundaries of zoning districts within the urban growth boundary, but outside the city limits, are shown on the “Tillamook County Zoning Map”. (B) Boundary Resolution. The City Council shall resolve any dispute over the exact location of a zoning zone boundary. In interpreting the location of such boundaries on the Nehalem Zoning Map, the City Council shall rely on the following guidelines for the location of zoning zone boundaries; property lines; lot lines; center lines of streets, alleys, or streams; City boundaries; notations on the Nehalem Zoning Map; or other planning criteria determined appropriate by the City Council. Nehalem Development Ordinance Article II-4 157.202 GENERAL PROVISIONS AND ORGANIZATION 157.202.01 Permitted Uses - All Zones The following uses and activities are permitted in all zones identified in Article II: (A) Placement and maintenance of underground or above ground wires, cables, pipes, guys, support structures, pump stations, drains, and detention basins within rights-of-ways by public agencies and utility companies for telephone, TV cable, or electrical power transmission, or transmission of natural gas, petro leum products, geothermal water, water, wastewater, sewage, and rainwater. (B) Surfaced travel lanes, curbs, gutters, drainage ditches, sidewalks, transit stops, landscaping, and related structures and facilities located within rights -of-ways controlled by a public agency. (C) Expansion of public right-of-way and widening or adding improvements within the right-of-way, provided the right-of-way is not expanded to more width than pre - scribed for the street in the Transportation System Plan segment of the Comprehensive Plan. 157.202.02 U ses - General (A) Types of Uses. Within each zone, uses are classified as follows: 1. Permitted - These uses are allowed outright and subject only to development standards, and in some cases, a building permit. For example, a single -family home is permitted in the RL zone. D imensional requirements establish minimum building setbacks, maximum building height and overall lot coverage. Compliance with these standards is reviewed when a building permit is submitted. 2. Special Permitted - These uses are also permitted.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.