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4003 Coast Hwy - Newport Industrial Site
11.56 Acres of Industrial Land Offered at $4,800,000 in Newport, OR 97366
Investment Highlights
- 11.56 acre Industrial Site
- Just off Highway 101 / Oregon Coast Hwy
- Zoned Heavy Industrial
- Adjacent 3.06 ac site also available for sale
Executive Summary
South of the famous Yaquina Bay Bridge in Newport, Oregon, an industrial corridor is situated just off Hwy 101 / Oregon Coast Hwy, taking advantage of the surrounding Yaquina Bay. This corridor features numerous businesses and industries, including tourism, fishing, shipping, forestry and marine science. Newport, Oregon is situated on the central Oregon Coast and has a population around 10,250 and is the largest city in Lincoln County.
Property Facts
| Price | $4,800,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Industrial |
| No. Lots | 1 | Total Lot Size | 11.56 AC |
| Price | $4,800,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 11.56 AC |
1 Lot Available
Lot
| Price | $4,800,000 | Lot Size | 11.56 AC |
| Price Per AC | $415,225 |
| Price | $4,800,000 |
| Price Per AC | $415,225 |
| Lot Size | 11.56 AC |
Industrial site available for sale in southern Newport, just off Highway 101 / Oregon Coast Highway at SE 40th St. The site totals 11.56 acres. 8.55 acres of the site is undeveloped industrial land with 3.01 acres of forestland.
Description
Industrial site available for sale in southern Newport, just off Highway 101 / Oregon Coast Highway at SE 40th St. The site totals 11.56 acres. 8.55 acres of the site is undeveloped industrial land with 3.01 acres of forestland. Heavy Industrial (I-3) zoning allows for a variety of uses, including parking facilities, contractor and industrial services, light manufacturing, some heavy manufacturing, warehousing, wholesale sales, educational institutions, mining and more. For full zoning detail, visit NewportOregon.gov. Adjacent 3.06 acre industrial site (Lot 10100 SE 40th St) also available for sale.
PROPERTY TAXES
| Parcel Number | R509944 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $668,260 |
PROPERTY TAXES
zoning
| Zoning Code | I-3 (Heavy Industrial) |
| I-3 (Heavy Industrial) |
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Terry Hancock -
Kelsey Oran -
Hancock Real Estate
Presented by
4003 Coast Hwy - Newport Industrial Site
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