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    385 Thompson Ave Winston, OR 97496

    Sponsored
    For Sale
    $225,000

    1.65 Acres, Residential Low Density

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.65-acre parcel in Winston, Oregon, presents a unique development opportunity. Located at 385 Thompson Ave, in Douglas County, zip code 97496 (43.114955, -123.4077575), this property is zoned for Residential Low Density use. Previously cleared following fire damage in 2021, the site is now ready for immediate development. The asking price is $225,000. The versatile zoning allows for a wide range of projects, including single-family homes, but also opens possibilities for community-focused developments such as churches, community centers, schools, or daycare facilities. This prime location offers convenient access to neighborhood amenities, making it an attractive proposition for both residential and commercial ventures. The land is completely cleared and prepared, eliminating significant upfront site preparation costs. This is a rare chance to acquire a sizable, ready-to-build lot in a desirable Oregon location. Don't miss this opportunity to build your vision in a thriving community. Contact us today to learn more about this exceptional development opportunity.

    Property Features for 385 Thompson Ave

    General Information

    Property type
    Land
    Lot Size
    71,874 SF

    HighLights

    • 1.65‑acre parcel
    • Residential Low‑Density zoning
    • $225,000 listing price
    Property Profile Location Intelligence

    Current Use by Public Records

    Church of the Nazarene Church

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Winston
    County
    Douglas
    State
    Oregon
    Longitude
    -123.4077575
    Latitude
    43.114955

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    FAQs

    What type of property is this?
    Land - 1.65 Acres, Residential Low Density
    Where is this land located?
    The property is located at 385 Thompson Ave Winston, OR.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: 1.65-acre parcel; Residential Low-Density zoning; $225,000 listing price
    (503) 370-2581
    Request Owner's contact information
    385 Thompson Ave Winston, OR 97496
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    Winston, OR 97496
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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
    385 Thompson Ave Winston, OR 97496
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