Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

625 Nehalem Blvd Wheeler, OR 97147-0290

  • Commercial real estate
  • 3,450 SF
  • 0.17 lot acres
OFF-MARKET
Last Sale
Feb 28, 2020
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US71-0489041
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.

Current Use by Public Records

  • Commercial real estate

Property Details for 625 Nehalem Blvd

Year built
1940
Lot size
0.17 lot acres
Property size
3,450 SF
Zone code
GC
Property type
Commercial real estate
APN
2N1002-CB-03500
APU
2N1002CB03500

Description

This exceptional 4,980 square foot commercial property presents a unique redevelopment opportunity in the heart of Wheeler, Oregon. Situated on a 0.17-acre lot directly on Highway 101, this fully demoed building offers unparalleled potential for a variety of uses. The property is conveniently located in downtown Wheeler, providing excellent visibility and accessibility. A significant advantage is the absence of flood risk, as the site is not located within a FEMA-designated flood zone. Ample free surface parking is available in an adjacent lot, ensuring convenient access for customers and residents. The building's design allows for versatile use, with the main floor ideally suited for retail space and the second floor offering stunning bay views and the potential for residential living. This prime location, combined with the existing infrastructure and the absence of flood concerns, makes this a highly attractive investment for developers seeking a high-impact project in a desirable coastal Oregon town. The property is ready for immediate development, eliminating the time and expense associated with demolition and site preparation. This is a rare chance to create a thriving business and/or residential space in a picturesque coastal setting. The property's strategic location on Highway 101 ensures high traffic visibility and easy access for customers and residents alike. Don't miss this opportunity to shape the future of Wheeler's downtown area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Wheeler
County
Tillamook
State
Oregon
Longitude
-123.882
Latitude
45.6892

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
$2,840
$133,110
$58,000
$191,110
-
$133,110
$58,000
$191,110
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message