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    OFF-MARKET
    Commercial real estate

    3802 3Rd St, Tillamook, OR 97141

    16,491 SF 12.14 ac lot Built 1910
    Property ID
    US71-0455254
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1910
    Total area 16,491 SF
    Lot 12.14 ac (528,818 SF)
    UPID US71-0455254
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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