3802 3Rd St, Tillamook, OR 97141
This exceptional 12.14-acre commercial property presents a rare development opportunity within the Tillamook city limits. The expansive lot offers potential access to Highway 6, in addition to existing access from 3rd Street. The property includes a 1,184-square-foot residential structure featuring two bedrooms and one bathroom. This existing house provides immediate income potential or could be repurposed as part of a larger development plan. The substantial 16,491 square feet of total building area offers significant flexibility for various commercial ventures. The property's prime location and ample acreage make it ideal for a wide range of uses, from retail and hospitality to light industrial or mixed-use developments. Given its size and strategic location, this property represents a significant investment opportunity with considerable upside potential. Serious inquiries only. A 24-hour notice is required for showings of the existing residential structure. The property is listed at $10,000,000. This is a unique chance to acquire a substantial commercial parcel in a desirable Oregon coastal location. Don't miss this opportunity to shape the future of Tillamook's commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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.