837 SW Bay Blvd, Newport, OR 97365
For Sale
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This exceptional 0.1-acre commercial and industrial land parcel, located at 837 SW Bay Blvd, Newport, Oregon 97365, presents a unique investment opportunity. Situated on Newport's historic bayfront, this property boasts approximately 100 feet of water frontage offering breathtaking views of Yaquina Bay, the Yaquina Bridge, and the Pacific Ocean. The high daytime foot traffic ensures excellent visibility and accessibility, with nearby restaurants, shops, entertainment venues, and art galleries creating a vibrant and bustling atmosphere. This offering includes three separate tax lots, providing flexibility for development or expansion. The property is zoned W-2, however, potential buyers are responsible for verifying permitted uses with the City/County of Lincoln County. This is a rare chance to acquire a prime waterfront location in a thriving Oregon coastal community. The asking price is $899,000. Don't miss this chance to secure a piece of Newport's vibrant waterfront.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
W-2;WATER RELATED · Newport, ORNewport. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.