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    5Th St Coos Bay, OR 97420

    Sponsored
    For Sale
    $1,200,000

    1.55-acre I-C zoned lot, prime development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 1.55-acre commercial land parcel presents a unique investment opportunity in Coos Bay, Oregon. Located on S 5th St, with convenient access to Highway 101, this property boasts high visibility and substantial traffic flow, making it ideal for a wide range of development projects. The property is zoned I-C (Industrial-Commercial), allowing for diverse uses including, but not limited to, multi-unit residential complexes, assisted living facilities, retail establishments (such as food and beverage outlets), restaurants, bars, breweries, automotive and equipment sales centers, lumber yards, freight businesses, and medical facilities. The 1.55-acre lot size (APN 6917200) provides ample space for significant development. Its strategic location within Coos Bay, Oregon (zip code 97420), offers excellent potential for growth and return on investment. This property is ready for a visionary developer to contribute to the community's continued expansion and prosperity. The asking price is $1,200,000. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving Oregon coastal city.

    Property Features for 0 5Th St

    General Information

    Property type
    Land
    Lot Size
    67,518 SF

    HighLights

    • $1,200,000 asking price.
    • 1.55‑acre commercial land parcel.
    • I‑C zoning.
    • Located in Coos Bay, OR, APN 6917200.
    • Excellent highway 101 visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Coos Bay
    County
    Coos
    State
    Oregon
    Longitude
    -124.2175545
    Latitude
    43.3614099

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    FAQs

    What type of property is this?
    Land - 1.55-acre I-C zoned lot, prime development.
    Where is this land located?
    The property is located at 5Th St Coos Bay, OR.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price.; 1.55-acre commercial land parcel.; I-C zoning.
    Request Owner's contact information
    5Th St Coos Bay, OR 97420
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    Coos Bay, OR 97420
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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
    5Th St Coos Bay, OR 97420
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