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    Montana Ave North Bend, OR 97459

    New
    For Sale
    $895,000

    LAND - NorthBend, OR

    Lot size:
    2.29 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 8 at 2:06 am

    Property Features for Montana Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RM, R6
    APN
    5346900
    Lot size
    2.29 Acres

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

    Listing agent Joel Sweet (541) 269-5263

    Listing date Dec 3, 2025

    MLS# 21694775 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

    Multi-Family Vacant Land Available

    This is a 2.29-acre vacant land parcel zoned for multi-family use. Conceptual drawings for a 44-unit apartment complex are available. The property consists of five separate tax lots and is located near the airport and Coast Guard Station. All utilities are available up to the edge of the property. The land is located within the city limits.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    North Bend
    County
    Coos
    State
    Oregon
    Longitude
    -124.244171
    Latitude
    43.410726

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    FAQs

    What type of property is this?
    Land - 2.29 acres of multi-family zoned vacant land.
    Where is this land located?
    The property is located at Montana Ave North Bend, OR.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Rare vacant land zoned for multifamily development within city limits.; - Conceptual drawings available for a **44-unit apartment complex.**; - **2.29 level acres**, potentially 'shovel ready'.
    (541) 269-5263
    Request Owner's contact information
    Montana Ave North Bend, OR 97459
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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

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    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
    Montana Ave North Bend, OR 97459
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