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Industrial Land Development Opportunity

218 Paroz Ln, Myrtle Creek, OR 97457

For Sale
$395,000

M2 zoned land ideal for industrial development near I-5.

Property Size223,027 SF
Price / SF$1.77
Days on Market229

Property Features for 218 Paroz Ln

General Information

Standard status Active
Size 223,027 SF

Building Details

Year Built 1945
Listing Agency: All-Pro Realty Advisors, LLC
Listed By: Melony Marsh · License OR #200203233
Source: Wisser
Added: Mar 27 Changed: Oct 25 Last Checked: Oct 5 at 10:01PM

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 All-Pro Realty Advisors, LLC

Rey
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Investment Insights

Based on property information with market context.

This property presents an excellent development opportunity with M2 (Medium Industrial) zoning. The location is ideal for various industrial uses, including freight and truck yard terminals, lumber yards, contractor's equipment storage yards, welding and machine shops, meat processing plants, bulk fuel storage facilities, wholesale businesses, storage buildings, or warehouses. The zoning allows for one mobile home or watchman quarters, not to exceed 1,000 square feet, in conjunction with acceptable zoning. The property is located right off Old Pacific Highway and is close to Interstate 5.

Key Highlights

  • M2 (Medium Industrial) Zoning: Allows for a wide range of industrial uses.
  • Excellent Development Opportunity: Suitable for various business ventures.
  • Ideal Location: Perfect for freight, lumber, equipment storage, and more.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Parts Store Parking Lot & Garage Hair Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

95
Businesses Nearby

Demographics for 97457, OR

10,363
Population
4,688
Households
2.2
Avg Household Size
47
Median Age
11%
College-Educated
91%
High-School Grad
164.0 sq mi
ZIP Area
63
Density / Sq Mi
$53,514
Median Household Income
$35,857
Median Earnings
$917
Median Rent
$242,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - M2 zoned land ideal for industrial development near I-5.
Where is this industrial land located?
The property is located at 218 Paroz Ln Myrtle Creek, OR.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: M2 (Medium Industrial) Zoning: Allows for a wide range of industrial uses.; Excellent Development Opportunity: Suitable for various business ventures.; Ideal Location: Perfect for freight, lumber, equipment storage, and more.
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Includes: Price & PSF · Cap rate · Location · Zoning

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