Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    T/L9500 2Nd St Toledo, OR 97391

    Sponsored
    For Sale
    $300,000

    .55-acre commercial lot, 20+ unit capacity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Prime commercial land totaling .55 acres (.55 acres = 23,958 sq ft) is available for purchase in the heart of Toledo, Oregon, for $300,000. This exceptional property consists of five contiguous lots (Property Tax ID #'S: R373143, R375504, R380226, R382580, & R384927), sold together, and is zoned for commercial use, offering a multitude of development possibilities. The site boasts ample space for the construction of 20 or more units, making it an attractive investment opportunity. Conveniently located near NW 2nd and 3rd Streets, the property offers excellent accessibility. A few mature trees enhance the aesthetic appeal of the largely clear lots. Potential buyers are encouraged to consult with the City of Toledo planning department to explore the full range of permitted uses. The property's location offers potential views of the Yaquina River and Depot Slough, particularly from a multi-story building. Situated on the west side of The Crows Nest Gallery, this property presents a unique chance to capitalize on a desirable location. This is a remarkable investment opportunity, offering significant potential for future development and growth.

    Property Features for T/L9500 2Nd St

    General Information

    Property type
    Specialty properties

    HighLights

    • .55‑acre (23,958 sq ft) commercial land parcel available for $300,000 in Toledo, OR.
    • Five contiguous lots (Tax IDs: R373143, R375504, R380226, R382580, R384927) zoned commercial.
    • Potential for 20+ units; excellent accessibility near NW 2nd & 3rd Streets.
    • Potential Yaquina River & Depot Slough views from a multi‑story building.
    • Located west of The Crows Nest Gallery.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lincoln
    State
    Oregon
    Longitude
    -123.9382394
    Latitude
    44.6215177

    Nearby Comparable

    • $650,000
      14,364 SF

      Toledo Commercial Retail Investment Opportunity

      Over 14,000 sq ft of retail space in Toledo.
      233 S Main St, Toledo, OR 97391
      View Details
    • New
      $350,000
      0.34 Acres

      Commercial Land in Prime Location

      Centrally located commercial property with great visibility and unique architectural elements.
      210 NE Alder St, Toledo, OR 97391
      View Details
    • New
      $769,900
      Pending

      Updated 5-Plex Near Downtown Toledo

      Updated 5-unit property with high rental income potential in Toledo.
      177 Units, Toledo, OR 97391
      View Details
    • $1,350,000
      2,502 SF

      Established Toledo Seed & Feed Business

      Generational family business in the heart of Toledo, Oregon.
      344 Highway 20 W, Toledo, OR 97391
      View Details
    • $369,400
      1,966 SF

      Toledo Triplex: Income Potential

      Three units totaling almost 2000 sq ft, great income potential.
      635 SE Elder St, Toledo, OR 97391
      View Details
    • $499,900
      1.05 Acres

      Commercial Land with Highway Visibility

      Two commercially zoned parcels with existing structures and highway visibility.
      935 Highway 20 NE, Toledo, OR 97391
      View Details
    • $35,000

      Toledo Commercial Lot - Hwy 20 Frontage

      Prime Hwy 20 location; build your business!
      936 Highway 20, Toledo, OR 97391
      View Details
    • $320,000
      1,816 SF

      Toledo Oregon Investment Duplex

      Well-maintained duplex with strong rental history in Toledo, Oregon.
      646 SE 8Th St, Toledo, OR 97391
      View Details
    • $49,000

      Recreational Land Near Newport

      0.96-acre recreational parcel, 28 minutes from Newport.
      Elk City Rd, Toledo, OR 97391
      View Details
    • $625,000
      1,934 SF

      1206 Criteser Loop

      Multifamily properties • 1,934 SF
      1206 Criteser Loop, Toledo, OR 97391
      View Details

    Nearby Similar for Sale

    • New
      $769,900
      Pending

      Updated 5-Plex Near Downtown Toledo

      Updated 5-unit property with high rental income potential in Toledo.
      177 Units, Toledo, OR 97391
      View Details
    • $320,000
      1,816 SF

      Toledo Oregon Investment Duplex

      Well-maintained duplex with strong rental history in Toledo, Oregon.
      646 SE 8Th St, Toledo, OR 97391
      View Details
    • $369,400
      1,966 SF

      Toledo Triplex: Income Potential

      Three units totaling almost 2000 sq ft, great income potential.
      635 SE Elder St, Toledo, OR 97391
      View Details
    • $650,000
      14,364 SF

      Toledo Commercial Retail Investment Opportunity

      Over 14,000 sq ft of retail space in Toledo.
      233 S Main St, Toledo, OR 97391
      View Details
    • $1,350,000
      2,502 SF

      Established Toledo Seed & Feed Business

      Generational family business in the heart of Toledo, Oregon.
      344 Highway 20 W, Toledo, OR 97391
      View Details
    • $35,000

      Toledo Commercial Lot - Hwy 20 Frontage

      Prime Hwy 20 location; build your business!
      936 Highway 20, Toledo, OR 97391
      View Details
    • $625,000
      1,934 SF

      1206 Criteser Loop

      Multifamily properties • 1,934 SF
      1206 Criteser Loop, Toledo, OR 97391
      View Details

    FAQs

    What type of property is this?
    Specialty property - .55-acre commercial lot, 20+ unit capacity.
    Where is this specialty property located?
    The property is located at T/L9500 2Nd St Toledo, OR.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: .55-acre (23,958 sq ft) commercial land parcel available for $300,000 in Toledo, OR.; Five contiguous lots (Tax IDs: R373143, R375504, R380226, R382580, R384927) zoned commercial.; Potential for 20+ units; excellent accessibility near NW 2nd & 3rd Streets.
    Request Owner's contact information
    T/L9500 2Nd St Toledo, OR 97391
    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.
    T/L9500 2Nd St
    Toledo, OR 97391
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    T/L9500 2Nd St Toledo, OR 97391
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.