$775,000
Newport, OR 97365
MLS# LC-92996
Status: Closed
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Property Description
A rare find with incredible potential! 213 acres of industrial zoned property, WD report completed indicating over 52 acres of industrial developable land, and all within city limits. Excellent location just off Highway 101, and near NOAA, Newport Airport, and Oregon State University's new Marine Studies Building.
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2021-09-21
Purchase Contract Date: 2021-07-09
Close Date: 2021-09-20
Close Price: 775000
Contract
List Price/Acre: 3990.61
Sold Price/Acre: 3638.5
Current Price: $775,000
Status: Closed
Begin Date: 2021-03-12
Sold Price: $775,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax & Legal
CC&R's: No
Lot
View YN: Yes
Lot Size Acres: 213
Lot Size Square Feet: 9278280
Waterfront YN: 1
Utilities
Electricity Available: 1
Natural Gas Not Available: 1
Sewer Available: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Grade: On, Frontage/View Remarks: Potential ocean views from upper 18 acre buildable area adjacent to water plant., Primary View: Forest
Land Details
Corner Stakes: No
Survey Completed: Recorded
Listing Terms
1031 Exchange: 1
Cash: 1
Submit: 1
Lot Features
Level: 1
Rolling Slope: 1
Road Frontage Type
Highway: 1
Road Surface Type
Paved: 1
Water Body Type
Ocean: 1
Additional Tax and Location Information
Highway 101: East Side
Neighborhood Code: S162
Property Tax ID #: R356607
Subdivision Parcel/Lot: Multiple
Tax District: 124;104
Tax Remarks: Includes 7 tax lots: R356607, R363767, R500174, R366602, R373120,R160141,R18164
Historical Details
Historical MLS Number: 21-488
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Commercial
Address
Street Number: 5425
Street Direction Prefix: S
Street Name: Coast
Street Suffix: Highway
County: Lincoln
State: OR
Postal Code: 97365
Directions: East on SE 50th, to gated property entrance on right.
Cross Street: SE 50th
Parcel Number: 11112000-2500-00
Tax Legal
Subdivision Name: South Beach
Tax Annual Amount: 7948.93
Tax Year: 2020
Zoning: I-1 Light Industrial
Tax Lot: 2500
Tax Map Number: 11112000
Property Features
Utilities: Electricity Available; Natural Gas Not Available; Sewer Available; Water Available; Electricity Available; Natural Gas Not Available; Sewer Available; Water Available
Listing Terms: 1031 Exchange; Cash; Submit
Lot Features: Level; Rolling Slope
Road Frontage Type: Highway
Road Surface Type: Paved
Water Body Type: Ocean
Plat Map - Public Listing Office: Advantage Real Estate
Office Email: info@advantagerealestate.com
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.
Broker Attribution:
(541) 265-2200