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    Property profile & analytics
    OFF-MARKET Estimated value $4,380,000
    Commercial real estate

    615 Pacific St, Rockaway Beach, OR 97136-9924

    17,618 SF Built 1979
    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US71-1714339
    Google Maps
    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1979
    Total area 17,618 SF
    Zoning code RK-R-R
    APN 2N1032-BC-03300
    UPID US71-1714339
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $5.04M
    Blend (final) Blend
    $4.38M
    Owner & transaction history
    Alexis Kruse · 2 yrs held
    Alexis Kruse
    since 2024
    7 recorded transactions
    2024
    —
    2023
    —
    2023
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    2023
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    2023
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    2023
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    2023
    —
    Zoning & alternative use
    RK-R-R · Rockaway Beach, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $4.6M +35.6%
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