$591,575
Lincoln City, OR 97367
MLS# LC-104117
Status: Closed
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Property Description
Situated in a prime location with high exposure near Highway 101, this 1.6-acre property is zoned Planned Industrial and presents an opportunity for industrial or commercial development. Of the total acreage, 0.74 acres is within Lincoln City Urban Growth Boundary, while 0.86 acres is within the Lincoln County jurisdiction. Some of the permitted uses under this zoning include mini-warehouse storage, mobile food pods, equipment fabrication, automotive repair, general contracting, and much more. The owner is actively pursuing annexation of the county portion into the city to create a unified site. A Phase I Environmental Site Assessment application has also been submitted to Lincoln City.
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2025-11-30
Purchase Contract Date: 2025-06-27
Close Date: 2025-11-26
Close Price: 591575
Contract
List Price/Acre: 436875
Sold Price/Acre: 369734.38
Current Price: $591,575
Status: Closed
Begin Date: 2025-06-11
Sold Price: $591,575
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax & Legal
CC&R's: No
Utilities
Electricity Available: 1
Natural Gas Available: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Grade: On, Specially Assessed: No
Land Details
Corner Stakes: No
Survey Completed: Recorded
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lot Features
Level: 1
Road Surface Type
Paved: 1
Additional Tax and Location Information
Additional Tax ID #s: R507259
Highway 101: East Side
Neighborhood Code: L467
Property Tax ID #: R507258
Tax District: 443
Tax Remarks: Also includes R507259
Historical Details
Historical MLS Number: 25-1328
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Commercial
Address
Street Number: 1424
Street Direction Prefix: SE
Street Name: 23rd
Street Suffix: Drive
County: Lincoln
State: OR
Postal Code: 97367
Directions: Highway 101 to SE 23rd St. to property, see sign
Cross Street: Highway 101
Parcel Number: 071122DA-501-00
Tax Legal
Subdivision Name: N/A
Tax Annual Amount: 5802.19
Tax Year: 2025
Additional Parcels Description: Split tax accounts. One tax account is in County and one is in Lincoln City limits.
Zoning: PI - Planned Industrial
Tax Lot: 501
Tax Map Number: 071122DA
Lot
Lot Size Acres: 1.6
Lot Size Square Feet: 69696
Sign On Property YN: 1
Property Features
Utilities: Electricity Available; Natural Gas Available; Water Available; Electricity Available; Natural Gas Available; Water Available
Listing Terms: 1031 Exchange; Cash; Conventional
Lot Features: Level
Road Surface Type: Paved
Supplements
With flexible zoning, ongoing annexation, and a high-traffic location, this property is well-positioned for a wide range of development possibilities.
Plat Map - Public Listing Office: Taylor & Taylor Realty Company
Office Email: rebroker.geraldaldrich@gmail.com
Last Updated: December - 12 - 2025
Information deemed reliable but not guaranteed.