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    1088 Newmark Ave Coos Bay, OR 97420

    New
    For Sale
    $995,000

    LAND - CoosBay, OR

    Lot size:
    1.53 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 1088 Newmark Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C
    APN
    339801, 339800
    Lot size
    1.53 Acres

    Pacific Properties (541) 269-5263 [email protected]

    Listing agent Randy Hoffine (541) 269-5263

    Listing date Dec 4, 2025

    MLS# 329607068 Listing URL

    Copyright © 2025 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.

    Overview

    Prime Commercial Land in CoosBay

    This 1.53 acre rectangular corner lot is primed for development, following the demolition of a previous structure. The site comprises six tax lots and is commercially zoned, presenting various possibilities such as apartments, medical or health facilities, transit stations, retail spaces, and recreation facilities. It is located within the Empire Urban Renewal District and area. The location benefits from a traffic count exceeding 12,000 cars per day. The seller is open to discussing carry terms with potential purchasers.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coos Bay
    County
    Coos
    State
    Oregon
    Longitude
    -124.268856
    Latitude
    43.391914

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    FAQs

    What type of property is this?
    Commercial land - 1.53 acre corner lot ready for development in CoosBay.
    Where is this commercial land located?
    The property is located at 1088 Newmark Ave Coos Bay, OR.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - 1.53 acre corner lot primed for development.; - Commercially zoned with many possibilities, including apartments, medical, and retail.; - Located within the Empire Urban Renewal District.
    (541) 269-5263
    Request Owner's contact information
    1088 Newmark Ave Coos Bay, OR 97420
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    Coos Bay, OR 97420
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    Realmo Value Estimation

    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.

    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.

    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
    1088 Newmark Ave Coos Bay, OR 97420
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