Property profile

4253 Highway 101 N Gearhart, OR 97138

FOR SALE
Motels
Saved see the list in your Dashboard
Property ID
US71-1634929
2.22 ac Built 1950
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property is a motel use in Gearhart, Oregon, with 217 square feet of frontage on Highway 101. It is situated on 5.49 acres across two tax lots and includes a 3,623-square-foot storage building and 77 parking spaces. The site is approximately half a mile from the beach and is zoned C2 for Commercial/Residential use, allowing both commercial and residential development. The accommodations comprise 25 units, including five 2-bedroom units and twenty 1-bedroom units; the units are equipped with…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$1.30M
Effective rate1.15%

Value estimate

· Nov 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
5.49%
$110k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCLATSOP

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.1
Electrical Service8.6
Tailor Shop8.6

Location

4253 Highway 101 N Gearhart, OR 97138
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
820 Prom, Seaside, OR 97138-6143 $2,600,000 Nov 2022 No data
741 Downing, Seaside, OR 97138-5521 $475,000 Mar 2020 No data
125 Oceanway, Seaside, OR 97138-5819 $880,000 Jan 2020 No data
300 5th, Seaside, OR 97138-6018 $773,250 Nov 2019 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?