Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    18097 Redwood Hwy Selma, OR 97538

    Sponsored
    For Sale
    $205,000

    F - Selma, OR

    Lot size:
    1.15 Acres
    Days on Market:
    18
    Last Refresh:
    Feb 1 at 5:06 am

    Property Features for 18097 Redwood Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Rural Com
    APN
    R327711
    Parking
    20
    Parking features
    Driveway, Parking Lot, RV
    Interior features
    Solid Surface Counters
    Lot size
    1.15 Acres

    Utilities

    Heating system
    Ductless (Heating), Other (Heating)
    Cooling system
    Other (Cooling)

    Building Details

    Year built
    1940
    Floors in Building
    1
    Flooring type
    Laminate
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Alex M Aaronson
    Alex M Aaronson

    John L Scott (541) 779-3611

    Listing agent Alex M Aaronson (541) 779-3611 License #201209927

    Listing date Jan 15, 2026

    MLS# 220175130 Listing URL

    Copyright © 2026 Southern Oregon MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Selma, Oregon Commercial Property

    This property, located minutes from Downtown Cave Junction off the highway, features a commercial bar and grill, an attached apartment, and a detached mobile home on a 1.15-acre lot zoned Rural Commercial. The property also includes a detached workshop, an RV area, and ample parking for over 20 cars. The commercial bar and grill, attached apartment, and detached mobile home (with 2 bedrooms and 1.5 bathrooms) are individually metered. The sale includes a full kitchen with all appliances, a walk-in freezer, all bar equipment (tables, taps, dishes, tables, chairs, stools), and large signage. The bar and grill offers an open floor plan with a stage and gaming area. This setup presents an opportunity for an investor or an individual interested in operating a bar and grill while residing in one of the units.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Building Supply Dental Office Wholesale Shop Auto Repair Shop Kitchen & Bath Grocery Store Storage Facility Discount Store Cafe & Coffee Shop Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Selma
    County
    Josephine
    State
    Oregon
    Longitude
    -123.611956
    Latitude
    42.288972

    Nearby Similar for Sale

    • $925,000
      1.62 Acres

      Selma, Oregon Market & Gas

      Established market and gas station with adjoining acreage.
      18090 Redwood Hwy, Selma, OR 97538
      View Details
    • $329,900
      1,080 SF

      Private Acreage with Two Homesites

      Two-bedroom home on 20 acres with potential for expansion.
      725 Draper Valley Rd, Selma, OR 97538
      View Details
    • $294,500
      4,007 SF

      Selma Commercial Property - Hwy Access

      Turnkey Bar & Grill w/ Units & Acre Lot
      18097 Redwood Hwy, Selma, OR 97538
      View Details

    FAQs

    What type of property is this?
    Bar - Commercial bar and grill with apartment, mobile home, and workshop.
    Where is this bar located?
    The property is located at 18097 Redwood Hwy Selma, OR.
    What is the asking price?
    The asking price for this property is $205,000.
    What are key features of this property?
    This property features: - Priced significantly below assessed value, save over $100k.; - Includes a commercial bar & grill with full kitchen and equipment.; - Features three separate units: commercial space, attached apartment, and detached mobile home.
    (832) 741-5106
    Request Owner's contact information
    18097 Redwood Hwy Selma, OR 97538
    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.
    18097 Redwood Hwy
    Selma, OR 97538
    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
    18097 Redwood Hwy Selma, OR 97538
    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

    We can help!
    Listing Contact
    Alex M Aaronson
    Alex M Aaronson
    Real Estate License ID: 201209927
    (832) 741-5106
    Learn more
    Google sign-in failed. Please try again or use another login method.