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    Pacific View Dr Florence, OR 97439

    Sponsored
    For Sale
    $1,650,000

    39 Acres, River Access, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 39.15-acre property presents a unique investment opportunity in Florence, Oregon. Located on Pacific View Drive and bordered by Rhododendron Drive, this expansive land parcel offers a blend of industrial and residential zoning possibilities. The property is comprised of three separate legal lots, providing flexibility for various development scenarios. A significant portion is zoned for Light Industrial use within the Pacific View Drive Business Park, while a 6,534 square foot section is designated Medium Density Residential, offering river access to the Siuslaw River. The land's versatility allows for the potential creation of additional residential lots through a lot-line adjustment along Rhododendron Drive. The asking price is $1,650,000, translating to a land value of $1.11 per square foot. This fee-simple ownership provides complete control and potential for significant return on investment. The property's strategic location and diverse zoning make it ideal for a variety of uses, from industrial development to residential subdivisions. Prospective buyers are encouraged to conduct their own due diligence to fully explore the development potential of this remarkable property in Lane County, Oregon, zip code 97439. The property's location offers easy access via Pacific View Drive to the east and Rhododendron Drive to the west.

    Property Features for 0 Pacific View Dr

    General Information

    Property type
    Land
    Lot Size
    1,705,374 SF

    HighLights

    • $1,650,000 asking price for a fee simple ownership.
    • 39.15‑acre land parcel in Florence, Oregon.
    • Zoned for Light Industrial/Pacific View Drive Business Park/Medium Density Residential use.
    • Land value: $1.11/SF.
    • Includes a 6,534 SF residential lot on the Siuslaw River.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Florence
    County
    Lane
    State
    Oregon
    Longitude
    -124.113739
    Latitude
    43.993363

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    FAQs

    What type of property is this?
    Land - 39 Acres, River Access, Development Potential
    Where is this land located?
    The property is located at Pacific View Dr Florence, OR.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: $1,650,000 asking price for a fee simple ownership.; 39.15-acre land parcel in Florence, Oregon.; Zoned for Light Industrial/Pacific View Drive Business Park/Medium Density Residential use.
    Request Owner's contact information
    Pacific View Dr Florence, OR 97439
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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
    Pacific View Dr Florence, OR 97439
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