Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lots in Gated Community Title is generated by Realmo AI

    1070 PARK Pl, Coos Bay, OR 97420

    View on Map
    Claim this Listing
    For Sale
    $111,000

    LAND - CoosBay, OR

    Type:Single Family Residence
    Lot size:
    0.16 Acres
    Added:
    Jan 24, 2026
    Days on Market:
    122
    Last Refresh:
    May 26 at 4:06 pm

    Property Features for 1070 PARK Pl

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    R1
    Standard status
    Active
    APN
    99921678
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Description
    23S-13W-17DC 118
    Tax Annual Amount
    891

    We can help!

    Listing Contact
    Teresa Zamora
    Teresa Zamora

    Listing agent Teresa Zamora License #201102004

    Listing office eXp Realty, LLC 170 S 2nd St Ste 204, Salem, OR

    Listing date Jan 24, 2026

    MLS# 598305517 Listing URL

    Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Gated community providing security and exclusivity
    • Direct gated access to John Topits Park and walking trails
    • All lots are ready to build with underground utilities already in place
    • Single‑family and manufactured homes are welcome
    • RV & boat storage allowed
    • Natural gas available in the street

    Overview

    Located in Coos Bay, Oregon, The Lakes is a new gated community featuring 15 ready-to-build lots ranging from approximately 0.13 to 0.20 acres. The lots are situated on a quiet cul-de-sac. Single-family and manufactured homes are welcome. All lots have underground utilities, including electric, water, sewer, and cable, already in place. Natural gas is available in the street. RV and boat storage is allowed. The community offers direct gated access to John Topits Park and its walking trails.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Coos Bay
    County
    Coos
    State
    Oregon
    Longitude
    -124.056
    Latitude
    43.3057

    Nearby Similar for Sale

    • $419,000
      6,600 SF

      Coos Bay Versatile Utility Property

      5.5 acres with highway frontage, extensive shop space and infrastructure.
      95877 HIGHWAY 42, CoosBay, OR 97420
      View Details
    • $399,000
      2,052 SF

      Coos Bay Multi-Unit Property

      Multi-unit property featuring a main home and duplex.
      846 S 11TH St, CoosBay, OR 97420
      View Details
    • $169,900

      Versatile Coastal Property with Shop

      0.36-acre property with shop near Coos Bay and Charleston.
      91762 CAPE ARAGO Hwy, CoosBay, OR 97420
      View Details
    • $169,000

      Commercial Lot with Bay Views

      Commercial lot in Coos Bay with utilities on site.
      755 S EMPIRE Blvd, CoosBay, OR 97420
      View Details
    • $485,000
      2,258 SF

      Versatile Multi-Dwelling Property in CoosBay

      Multi-dwelling property with investment potential in a peaceful rural setting.
      62934 CROWN POINT Rd, CoosBay, OR 97420
      View Details
    • $550,000
      1,320 SF

      Coos Bay Income Property

      Unique income property with multiple units and development potential.
      532 LIMNELL St, CoosBay, OR 97420
      View Details
    • $995,000

      Prime Commercial Land in CoosBay

      1.53 acre corner lot ready for development in CoosBay.
      1088 Newmark Ave, CoosBay, OR 97420
      View Details
    • $1,200,000

      Coos Bay Income Property

      Six units with bay views and strong income potential.
      303 S Empire Blvd, CoosBay, OR 97420
      View Details
    • $139,000

      Coos Bay Land Parcel

      1.06-acre parcel with utilities in place near Coquille.
      59553 HALFWAY Rd, CoosBay, OR 97420
      View Details
    • $175,000

      Ready-to-Build Lots in Coos Bay

      Two level lots with utilities, ready for construction.
      90849 ROBERTSON Ln, CoosBay, OR 97420
      View Details
    • $275,000

      Coos Bay Commercial Parcel

      0.35-acre commercial land in high-traffic Coos Bay location.
      1022 NEWMARK Ave, CoosBay, OR 97420
      View Details
    • $165,000

      Coos Bay Land Opportunity

      Two adjoining parcels totaling almost 5 acres in Coos Bay.
      62885 ISTHMUS HEIGHTS Rd, CoosBay, OR 97420
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Ready-to-build lots in a new gated community.
    Where is this residential land & home lot located?
    The property is located at 1070 PARK Pl Coos Bay, OR.
    What is the asking price?
    The asking price for this property is $111,000.
    What are key features of this property?
    This property features: Gated community providing security and exclusivity; Direct gated access to John Topits Park and walking trails; All lots are ready to build with underground utilities already in place
    (541) 404-5822
    We can help!
    Listing Contact
    Teresa Zamora
    Teresa Zamora
    Real Estate License ID: 201102004
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1070 PARK Pl, CoosBay, OR 97420
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!