$1,500,000
Lincoln City, OR 97367
MLS# LC-95140
Status: Closed
0.5 baths | 8960 sqft
1 / 27
Property Description
INVESTOR ALERT - Class A Construction built to suit in 2007 with 8960 SF underroof on 1.88 acres. Cap rate 8.85%. Class A tenant in place. Property zoned planned industrial in Lincoln County with a Lincoln City address. Secured fence in place built to Homeland Security specs. Large area to expand on level property.
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2022-04-23
Purchase Contract Date: 2022-01-17
Close Date: 2022-04-22
Close Price: 1500000
Tax & Legal
CC&R's: No
Currently Not Used
Association YN: No
Interior
Furnished: Unfurnished
Living Area: 8960
Bathrooms Total: 0.5
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Fire Sprinklers: Tenants Stds, Loading Docks: Tenants Stds, Building Type: Warehouse, Possession: Negotiable, Primary View: Mountain, Security: Tenant Stds, Ceiling Height: 16-20', Alternate Heat:
Appliances
Water Heater: 1
Building and Property Details
Building and Property Condition: Very Good
Maximum Ceiling Height: 20
Construction Materials
Other: 1
Foundation Details
Slab: 1
Heating
Natural Gas: 1
Levels
One: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Road Surface Type
Paved: 1
Roof
Metal: 1
Sewer
Septic Tank: 1
Water Heater
Electric: 1
Water Source
Well: 1
Business Details
Equip/FF Incl Y/N: No
List Available Y/N: No
Inventory Included Y/N: No
MDSE/Supp Included Y/N: No
Business Type
Warehouse: 1
Additional Tax and Location Information
Highway 101: East Side
Neighborhood Code: L467
Property Tax ID #: R420477
Tax District: 493
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Historical Details
Historical MLS Number: 21-2690
Listing Information
Listing Association Name: Lincoln County BOR
Address
Street Number: 2615
Street Direction Prefix: SE
Street Name: 23rd Dr.
County: Lincoln
State: OR
Postal Code: 97367
Directions: SE Lincoln City to SE 23rd Dr. to address on the left.
Parcel Number: 071123CA-200-00
Contract
Current Price: $1,500,000
Status: Closed
Begin Date: 2021-11-26
Sold Price: $1,500,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Tax Annual Amount: 6198.91
Tax Year: 2021
Zoning: I-P Planned Industrial
Tax Lot: 200
Tax Map Number: 071123CA
Building
Year Built: 2007
Lot
Lot Size Acres: 1.88
Lot Size Square Feet: 81892.8
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Water Available; Electricity Connected; Natural Gas Connected; Water Available
Appliances: Water Heater
Business Type: Warehouse
Construction Materials: Other
Foundation Details: Slab
Heating: Natural Gas
Levels: One
Listing Terms: 1031 Exchange; Cash; Conventional
Road Surface Type: Paved
Roof: Metal
Sewer: Septic Tank
Water Heater: Electric
Water Source: Well
Showing Requirements: 24 Hour Notice; Appointment Only
Plat Map - Public Listing Office: JKI Realty
Office Email: john@loveoceanfront.com
Last Updated: December - 12 - 2025
Information deemed reliable but not guaranteed.
Broker Attribution:
john@loveoceanfront.com