538 SW Coast Hwy Newport, OR 97365
Property profile & analytics
538 SW Coast Hwy Newport, OR 97365
- Hotels
- 11,864 SF
- 0.45 lot acres
Property ID
US71-0819631
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Hotels
Property Details for 538 SW Coast Hwy
- Year built
- 1944
- Lot size
- 0.45 lot acres
- Property size
- 11,864 SF
- Zone code
- C-1;COMMERCIAL
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 11-11-08-BC-08500-00
- APU
- 111108BC0850000
Description
This commercially zoned property at 538 SW Coast Highway in Newport, Oregon, presents a unique investment opportunity. Boasting a substantial 19,602 square foot lot, the property enjoys approximately 80 feet of frontage along the highly trafficked Highway 101. The commercial zoning allows for a wide range of potential uses, making it ideal for entrepreneurs and developers alike. While a previous motel building has been removed and a small basement filled in, the cleared lot offers a blank canvas for new construction. The property's strategic location provides easy access to numerous amenities, including restaurants, attractions, and miles of sandy beaches. Adding to its appeal, an existing billboard sign on the property generates a consistent monthly income stream through a current lease agreement. The potential for ocean views from a second-story building further enhances the property's desirability. Located in Lincoln County, Oregon, with a zip code of 97365, this property is priced at $842,886. This is a rare chance to acquire a well-situated commercial parcel in a thriving coastal community.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Lincoln
- State
- Oregon
- Longitude
- -124.06
- Latitude
- 44.6321
- CBSA code
- 35440
- CBSA name
- NEWPORT, OR MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,230
$0.00
$0.00
$398,400
-
$522,430
$5,330
$527,760
