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    49669 Mckenzie Hwy Vida, OR 97488

    For Sale
    $370,000

    7.84 acres with dual zoning for living and business.

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

    Overview

    7.84 Acres Dual Zoned Land

    This 7.84-acre property features dual zoning: Rural Residential (RR) and Rural Commercial (RC), allowing for both full-time living and business opportunities. The verified legal lot offers prime highway visibility and is located across the street from the McKenzie River. Essential infrastructure is in place, including power, septic, and well. Merchantable timber adds additional value and investment potential. The RC zoning allows for various business opportunities, and buyers may apply for a special use permit to explore additional possibilities. Buyers are advised to conduct due diligence with Lane County regarding zoning and land use regulations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Hotel & Motel Travel Agency 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
    -122.4191392
    Latitude
    44.1201305

    FAQs

    What type of property is this?
    Commercial land - 7.84 acres with dual zoning for living and business.
    Where is this commercial land located?
    The property is located at 49669 Mckenzie Hwy Vida, OR.
    What is the asking price?
    The asking price for this property is $370,000.
    What are key features of this property?
    This property features: - Dual Zoning (Rural Residential & Rural Commercial) offers flexibility for living and business.; - 7.84-Acre verified legal lot with prime highway visibility.; - Essential infrastructure in place: Power, septic, and well.
    Request Owner's contact information
    49669 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
    49669 Mckenzie Hwy Vida, OR 97488
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