Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    N Louisiana Ave Vernonia, OR 97064

    View on Map
    Claim this Listing
    New
    For Sale
    $75,000

    LAND - Vernonia, OR

    Type:Single Family Residence
    Lot size:
    0.23 Acres
    Added:
    Apr 6, 2026
    Days on Market:
    7
    Last Refresh:
    Apr 12 at 11:06 pm

    Property Features for N Louisiana Ave

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    Resid
    Standard status
    Active
    APN
    22579
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Description
    1ST ADD VERNONIA LOT: 8 BLOCK: 5
    Tax Annual Amount
    136

    We can help!

    Listing Contact
    Andrea Jones

    Listing agent Andrea Jones License #971000115

    Listing office John L. Scott Market Center 1936 Pacific Ave, Hillsboro, OR

    Listing date Apr 6, 2026

    MLS# 325353298

    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.

    Overview

    Vernonia Land: Buildable Double Lot

    This vacant land, a spacious double lot within Vernonia city limits, offers development potential, including the possibility of creating two buildable lots, although verification by the buyer is required. The property provides ample space for a custom home or investment project. Utilities are available at the street. The terrain is level, offering flexible use options. Prospective buyers are advised to perform due diligence with the City of Vernonia regarding building requirements, utility connection fees, and development costs. The property is located in a growing and welcoming community. The lot size is approximately 0.23 acres. The zoning is residential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Vernonia
    County
    Columbia
    State
    Oregon
    Longitude
    -123.183916
    Latitude
    45.864214

    Nearby Similar for Sale

    • $139,900

      Buildable Lot in Vernonia, Oregon

      Residential land for sale in a growing Vernonia neighborhood.
      165 E G St, Vernonia, OR 97064
      View Details
    • $899,000

      Vernonia Land with Development Potential

      10.43 acres in Vernonia, OR, ideal for residential development.
      Cougar St, Vernonia, OR 97064
      View Details
    • $200,000

      Wooded Land within Vernonia Limits

      Two wooded parcels totaling 2.34 acres in Vernonia, Oregon.
      5th and 6th St, Vernonia, OR 97064
      View Details
    • $249,900

      Private Timbered Homesite in Vernonia

      9.39 acre timbered homesite with well and territorial views.
      Highway 47, Vernonia, OR 97064
      View Details
    • $278,750
      880 SF

      Creek Front Commercial Building

      Charming commercial building with creek front and expansive deck.
      700 WEED AVE, Vernonia, OR 97064
      View Details
    • $99,000

      Level Lot in Vernonia, Oregon

      Spacious lot ready for your dream home in Vernonia.
      959 ROSE Ave, Vernonia, OR 97064
      View Details
    • $79,000

      Serene Vernonia Vacant Land

      0.72-acre vacant lot in Vernonia, build your dream home.
      1852 N MIST Dr, Vernonia, OR 97064
      View Details
    • $350,000

      Land with Utilities Ready

      10+ acre lot with well, power, and septic approval.
      Nehalem Hwy N, Vernonia, OR 97064
      View Details
    • $350,000

      Ready-to-Build Land with River Access

      10+ acre lot with well, power, and septic approval.
      Nehalem Hwy N, Vernonia, OR 97064
      View Details
    • $59,000

      Residential Land in Vernonia, Oregon

      Cleared land with septic and well approval for home construction.
      62411 NEHALEM Hwy N, Vernonia, OR 97064
      View Details
    • $140,000

      Land in Historic Vernonia

      City lot suitable for building a home or homes.
      Oregon Tax ID 436205 Ave, Vernonia, OR 97064
      View Details
    • $1,950,000
      9,840 SF

      Vernonia Portfolio of Occupied Duplexes

      Portfolio of three fully-occupied duplexes near downtown Vernonia.
      816-896 West E St, Vernonia, OR 97064
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Spacious vacant land with development potential in Vernonia, Oregon.
    Where is this residential land & home lot located?
    The property is located at N Louisiana Ave Vernonia, OR.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: Spacious double lot within city limits.; Potential for development into two buildable lots (buyer to verify).; Utilities available at the street.
    (503) 702-1572
    We can help!
    Listing Contact
    Andrea Jones
    Real Estate License ID: 971000115
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!