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    1030 Old Pacific Hwy Myrtle Creek, OR 97457

    Sponsored
    For Sale
    $109,000

    Prime .51-acre commercial lot, C-2 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional opportunity to acquire a highly desirable 0.51-acre commercial land parcel located at 1030 N Old Pacific Hwy, Myrtle Creek, Oregon, 97457. This property, identified by APN numbers R72230 and R72209, is zoned C-2, allowing for a wide range of commercial uses. The asking price is $109,000. All utilities are conveniently capped at the property line, simplifying development. This prime development land is perfectly suited for various commercial ventures, including but not limited to a mini-mart, coffee kiosk, food truck venue, office space, or retail establishment. The property's versatility makes it an attractive investment for entrepreneurs and developers alike. For qualified buyers, owner-carry financing options are available with long-term terms, subject to credit approval. This presents a unique chance to secure a valuable commercial property in a growing area at an attractive price point. Don't miss this chance to capitalize on this exceptional opportunity. The property is situated in Douglas County and offers significant potential for immediate development.

    Property Features for 1030 Old Pacific Hwy

    General Information

    Property type
    Land
    Lot Size
    22,216 SF

    HighLights

    • 0.51‑acre lot, C‑2 zoning.
    • Excellent development opportunity for commercial or multifamily use.
    • Owner financing available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Myrtle Creek
    County
    Douglas
    State
    Oregon
    Longitude
    -123.300428
    Latitude
    43.005427

    Nearby Comparable

    • $340,000

      Three Homes, Income Potential

      Three updated manufactured homes on separate tax lots, rental income.
      1110 N Old Pacific Hwy, Myrtle Creek, OR 97457
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    • $249,900
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      Spacious Home on Large Lot

      Single-family home with large lot, spacious kitchen, and vaulted ceilings.
      1146 Laura St, Myrtle Creek, OR 97457
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    • $139,000
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      Move-In Ready Home on Large Lot

      Clean, 3-bedroom home with outdoor space and storage.
      1017 Arburnia St, Myrtle Creek, OR 97457
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    • $5,200,000
      67,462 SF

      Valley View Plaza: Myrtle Creek, OR

      Grocery-anchored shopping center, high traffic.
      909 Main St, Myrtle Creek, OR 97457
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    • $275,000
      3,000 SF

      Prime Myrtle Creek Retail Space

      Historic building, 3,000 sq ft, $275,000
      236 Main St, Myrtle Creek, OR 97457
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    • New
      $85,000
      0.92 Acres

      Land in MyrtleCreek, Oregon

      Nearly one acre of land with utilities in MyrtleCreek.
      135 Crest Dr, Myrtle Creek, OR 97457
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    • $589,900
      7,700 SF

      Versatile Income-Producing Property

      Seven-unit property with diverse rental types and commercial shop.
      333 S Old Pacific Hwy, Myrtle Creek, OR 97457
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    Nearby Similar for Sale

    • $589,900
      7,700 SF

      Versatile Income-Producing Property

      Seven-unit property with diverse rental types and commercial shop.
      333 S Old Pacific Hwy, Myrtle Creek, OR 97457
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    • $300,000

      Myrtle Creek Home on Two Lots

      Serene 3-bedroom home on 0.58 acres with valley views.
      711 Plin St, Myrtle Creek, OR 97457
      View Details
    • $139,000
      924 SF

      Move-In Ready Home on Large Lot

      Clean, 3-bedroom home with outdoor space and storage.
      1017 Arburnia St, Myrtle Creek, OR 97457
      View Details
    • $249,900
      1,809 SF

      Spacious Home on Large Lot

      Single-family home with large lot, spacious kitchen, and vaulted ceilings.
      1146 Laura St, Myrtle Creek, OR 97457
      View Details
    • $340,000

      Three Homes, Income Potential

      Three updated manufactured homes on separate tax lots, rental income.
      1110 N Old Pacific Hwy, Myrtle Creek, OR 97457
      View Details
    • Contact for pricing
      24,231 SF

      Myrtle Creek Commercial Building

      Commercial building for sale in Myrtle Creek, Oregon.
      498 South Old Pacific Hwy, Myrtle Creek, OR 97457
      View Details
    • $5,200,000
      67,462 SF

      Valley View Plaza: Myrtle Creek, OR

      Grocery-anchored shopping center, high traffic.
      909 Main St, Myrtle Creek, OR 97457
      View Details
    • $275,000
      3,000 SF

      Prime Myrtle Creek Retail Space

      Historic building, 3,000 sq ft, $275,000
      236 Main St, Myrtle Creek, OR 97457
      View Details

    FAQs

    What type of property is this?
    Land - Prime .51-acre commercial lot, C-2 zoning.
    Where is this land located?
    The property is located at 1030 Old Pacific Hwy Myrtle Creek, 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: 0.51-acre lot, C-2 zoning.; Excellent development opportunity for commercial or multifamily use.; Owner financing available.
    Request Owner's contact information
    1030 Old Pacific Hwy Myrtle Creek, OR 97457
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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
    1030 Old Pacific Hwy Myrtle Creek, OR 97457
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