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    Buildable Corner Double Lot Title is generated by Realmo AI

    14237 Duckflat Rd SE, Turner, OR 97392

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    For Sale
    $159,000

    LAND - Turner, OR

    Type:Single Family Residence
    Lot size:
    0.26 Acres
    Added:
    Jun 5, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 8 at 5:06 am

    Property Features for 14237 Duckflat Rd SE

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    AR
    Standard status
    Active
    APN
    554338
    Lot size
    0.26 Acres

    Taxes and HOA fees

    Tax Description
    MFD STRUCT SERIAL # HO2126C, X # X00152735, HOME ID 219337 ON REAL ACCT 092W33BC00100, PERSONAL MS
    Tax Annual Amount
    567

    Utilities

    Water front features
    Creek

    We can help!

    Listing Contact
    Mark Shadrin
    Mark Shadrin

    Listing agent Mark Shadrin License #201215479

    Listing office Berkshire Hathaway HomeServices Real Estate Professionals 2110 Mission Street SE Suite 310, Salem, OR

    Listing date Jun 5, 2026

    MLS# 645869866 Listing URL

    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.

    HighLights

    • Flat, buildable double lot on the corner of Marion Hill Rd and Duckflat Rd.
    • Utilities and infrastructure in place: well, septic system, and power.
    • Two‑car garage already on site, providing immediate storage and utility during development.
    • Level topography suitable for a manufactured home or new construction.
    • A stream bisects the property, creating a unique setting and split‑use potential for residential frontage and recreational retreat.
    • Low property taxes reported as $567.37.

    Overview

    This flat, buildable double lot sits on a corner location and is designed to support flexible residential development. The property includes a well and a septic system, with power already available, which can reduce site preparation needs. A two-car garage is also already in place to provide immediate storage while construction plans are finalized.

    The lot’s level topography and corner configuration may support straightforward building access and layout planning. A stream bisects the property, creating a distinct setting across the parcel. The property is zoned AR.

    From a buyer’s perspective, this site is well suited for residential construction such as a manufactured home or other affordable new build approaches, with the garage providing utility during the development process. It also offers a mix of uses within the same parcel given the stream’s division, allowing an owner to consider residential frontage on one side and more recreational, open-space use on the other. Convenient access to nearby employment, shopping, and services is supported by the area’s proximity to Turner and I-5, and Cascade High School and Jefferson are approximately 5 miles away.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Department Store Kitchen & Bath Showroom Food Market Grocery & Convenience Store Grocery & Convenience Store Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Turner
    County
    Marion
    State
    Oregon
    Longitude
    -122.94229
    Latitude
    44.7483

    Nearby Similar for Sale

    • $595,000

      Residential Land Lot with Well

      A gated community lot with mountain views and a recently drilled well capable of 35 GPM.
      8216 Enchanted Ridge Ct SE, Turner, OR 97392
      View Details
    • $335,000

      Secluded Hilltop Build Site

      3.3-acre rural parcel with a fresh asphalt driveway and septic approval, offering a scenic hilltop homesite with views.
      TA 535399 Home Run Ln SE, Turner, OR 97392
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Flat double lot with utilities, a two-car garage, and well/septic already in place for flexible residential plans.
    Where is this residential land & home lot located?
    The property is located at 14237 Duckflat Rd SE Turner, OR.
    What is the asking price?
    The asking price for this property is $159,000.
    What are key features of this property?
    This property features: Flat, buildable double lot on the corner of Marion Hill Rd and Duckflat Rd.; Utilities and infrastructure in place: well, septic system, and power.; Two‑car garage already on site, providing immediate storage and utility during development.
    (503) 983-4405
    We can help!
    Listing Contact
    Mark Shadrin
    Mark Shadrin
    Real Estate License ID: 201215479
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    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
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