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    49752 Mckenzie Hwy Vida, OR 97488

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    For Sale
    $109,000

    Riverfront land with approved building plans in McKenzie Recreational Valley.

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

    Overview

    Riverfront Land with Approved Plans

    This riverfront property in Vida, Oregon, features an approved HR 2289 Intent to Build and Type 1 Zoning application, extended to allow for approved plans by 2030. The property includes a surveyed foundation from a prior structure that burned in 2020, allowing for rebuilding within the same footprint. Shared well and septic systems have been repaired and replaced, with the current owner having covered their portion of the expenses. Power is available. Zoned RC (Rural Commercial), the property allows for residential use with a home business or part-time rental for additional income, making it suitable for a VRBO or family retreat. It is located in the McKenzie Recreational Valley. Previously, a 591 sq ft studio cabin with a loft, heat pump, fireplace, and large deck overlooking the river stood on the property. The property is ideal for rebuilding a similar cabin or constructing a more modern structure, as neighboring properties are doing. All other lots have been sold and are under construction.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Hotel & Motel Bed & Breakfast Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Vida
    County
    Lane
    State
    Oregon
    Longitude
    -122.4149078
    Latitude
    44.1206143

    FAQs

    What type of property is this?
    Land - Riverfront land with approved building plans in McKenzie Recreational Valley.
    Where is this land located?
    The property is located at 49752 Mckenzie Hwy Vida, OR.
    What is the asking price?
    The asking price for this property is $109,000.
    What are key features of this property?
    This property features: - Approved Intent to Build and Type 1 Zoning extended to 2030, allowing immediate construction.; - Riverfront property in the McKenzie Recreational Valley.; - Shared well and septic system are repaired and replaced; owner's portion paid.
    Request Owner's contact information
    49752 Mckenzie Hwy Vida, OR 97488
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    Vida, OR 97488
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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
    49752 Mckenzie Hwy Vida, OR 97488
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