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

    000 Thomas Creek DR 160 Scio, OR 97374

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $389,000

    Land for sale in Linn County, near Thomas Creek.

    Type:Land
    Added:
    Oct 20, 2025
    Days on Market:
    180
    Last Refresh:
    Mar 16 at 11:56 am

    Property Features for 000 Thomas Creek DR 160

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Dale Ropp

    Listing agent Dale Ropp License #940900089

    Listing office DAT Real Estate Solutions, PC

    Listing date Oct 20, 2025

    Source Evrealestate

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of DAT Real Estate Solutions, PC

    Overview

    Land Available in Scio, Oregon

    Located off Camp Morrison Drive via Upper Neal Creek Road, this land is situated in Linn County near Thomas Creek. The property is located at 000 Thomas Creek DR (160), Scio, OR 97374.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Scio
    County
    Linn
    State
    Oregon
    Longitude
    -122.686703
    Latitude
    44.735454

    Nearby Similar for Sale

    • $864,900
      1,288 SF

      Scio Farm Homestead with Barn

      24.16-acre farm with updated home, barn, and greenhouse.
      38591 Gilkey Road, Scio, OR 97374
      View Details
    • $650,000
      4,300 SF

      Scio Shop/Warehouse on Half-Acre

      4,300 SF shop/warehouse on 0.5 acre in Scio, Oregon.
      39188 Highway 226, Scio, OR 97374-9388
      View Details
    • $389,000

      160 Acres of Meadow Land

      Remote 160-acre meadow with timber and wildlife near Scio.
      UPPER NEAL CREEK Rd, Scio, OR 97374
      View Details
    • $185,000

      Scio, OR Buildable Acreage

      2.09-acre buildable lot ready for your vision!
      Tl 1700 6th Av, Scio, OR 97323
      View Details
    • $925,000

      60-Acre Farm with Water Rights

      Scio, Oregon farm featuring water rights and versatile soil.
      Scio, OR 97374
      View Details
    • $925,000
      1,800 SF

      Scio Farm with Water Rights

      60.27-acre farm with water rights and versatile soil.
      37225 Jefferson Scio Drive, Scio, OR 97374
      View Details
    • $1,359,000

      Scio Land with Douglas Fir

      80-acre Scio, Oregon land featuring valuable Douglas fir.
      Zurfluh W, Scio, OR 97374
      View Details
    • $2,949,000

      Scio, Oregon Timberland Opportunity

      397.10 acres of timberland located near Salem and Albany/Lebanon.
      Thomas Creek Dr, Scio, OR 97374
      View Details
    • $650,000
      4,300 SF

      Scio Shop/Warehouse Space For Sale

      4,300 SF shop/warehouse on 0.50 acres in Scio, Oregon.
      Highway 226, Scio, OR 97374
      View Details
    • $1,359,000

      Land For Sale in Scio

      Land available near Zurfluh Rd, Scio, Oregon.
      000 Zurfluh West, Scio, OR 97374
      View Details

    FAQs

    What type of property is this?
    Land - Land for sale in Linn County, near Thomas Creek.
    Where is this land located?
    The property is located at 000 Thomas Creek DR 160 Scio, OR.
    What is the asking price?
    The asking price for this property is $389,000.
    What are key features of this property?
    This property features: Located in Linn County; Directions available: Camp Morrison Drive to Upper Neal Creek Road; No cooling system
    (503) 400-7995
    We can help!
    Listing Contact
    Dale Ropp
    Real Estate License ID: 940900089
    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!