Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2470 Edenbower Blvd Roseburg, OR 97471

    Sponsored
    For Sale
    $545,000

    Prime Medical/Professional Development Land. Owner Financing Available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    409
    This exceptional 0.78-acre commercial land parcel, located at 2470 NW Edenbower Blvd Lot #2 in Roseburg, Oregon (97471), presents a unique investment opportunity. Priced at $545,000, this property boasts a highly desirable location with excellent visibility, situated right off Stewart Parkway and Edenbower Blvd, in a high-traffic area. The land is ideal for medical or professional development, offering immediate access to infrastructure including paved entrances and existing parking. The property's advantageous position is further enhanced by its proximity to The Landing assisted living facility and a recently constructed medical office building. An engineering report is available for review, and the seller confirms the absence of wetland issues. Attractive owner financing terms are offered, including a 6% interest rate, a reasonable down payment requirement, and a 10-year loan term. The APN is R131785. This property is ready for immediate development, making it an exceptional opportunity for investors seeking a prime location and favorable financing options in a thriving area of Douglas County.

    Property Features for 2470 Edenbower Blvd

    General Information

    Property type
    Land
    Lot Size
    33,977 SF

    We can help!

    Listing Contact
    Melony Marsh, CCIM
    Melony Marsh, CCIM

    Learn more

    Property Insight Report
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Roseburg
    County
    Douglas
    State
    Oregon
    Longitude
    -123.366107
    Latitude
    43.236866

    Nearby Similar for Sale

    • $290,000
      1,560 SF

      Victorian Home and Cottage

      Victorian home and cottage on a large lot.
      1723 SE Mill St, Roseburg, OR 97470
      View Details
    • New
      $649,000
      0.17 Acres

      Renovated Roseburg 4-Plex Investment

      Renovated 4-plex in prime location, ideal for investors.
      587 W Berdine St, Roseburg, OR 97471
      View Details
    • New
      $349,500
      1,904 SF

      Well-Maintained Roseburg Duplex

      Roseburg duplex with easy access to I-5 and downtown.
      424/ NE Miguel St, Roseburg, OR 97470
      View Details
    • $579,000

      Country Retreat with Cascade Views

      Secluded property with pasture, trees, and well-appointed home.
      220 Robin St, Roseburg, OR 97470
      View Details
    • $650,000

      Versatile Roseburg Property with Equestrian Amenities

      13.16-acre property with home, multi-use building, and equestrian facilities.
      227 Lapp Ln, Roseburg, OR 97471
      View Details
    • $1,555,160
      2,660 SF

      Established Jack in the Box

      Long-term NNN lease with CPI rent increases.
      1400 NE Stephens St, Roseburg, OR 97470
      View Details
    • $259,900

      Remodeled Home in Northwest Roseburg

      Thoroughly remodeled 3-bedroom, 2-bath home with modern amenities.
      515 NW Plateau Dr, Roseburg, OR 97471
      View Details
    • $45,000

      Spacious Home in 55+ Community

      Comfortable 2-bedroom home with ample storage in a 55+ community.
      510 Shadow Ranch Ln, Roseburg, OR 97470
      View Details
    • $75,000

      Move-In Ready Home in Roseburg

      Comfortable 2 bed, 2 bath home in 55+ gated community.
      1005 Shadow Ranch Ln, Roseburg, OR 97470
      View Details
    • $82,000

      Affordable Home in 55+ Community

      Comfortable home in a welcoming 55+ community with low-maintenance living.
      12 Mary Ann Ln, Roseburg, OR 97470
      View Details
    • $169,000
      1,972 SF

      Littlebrook 55+ Community Home

      Well-maintained 3 bed, 2 bath home in 55+ community.
      146 Ruby May Way, Roseburg, OR 97471
      View Details
    • $173,500

      Littlebrook Home with Pastoral Views

      Move-in ready home in gated community with serene backyard views.
      275 Littlebrook Ln, Roseburg, OR 97471
      View Details

    FAQs

    What type of property is this?
    Land - Prime Medical/Professional Development Land. Owner Financing Available.
    Where is this land located?
    The property is located at 2470 Edenbower Blvd Roseburg, OR.
    What is the asking price?
    The asking price for this property is $545,000.
    Request Owner's contact information
    2470 Edenbower Blvd Roseburg, OR 97471
    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.
    2470 Edenbower Blvd
    Roseburg, OR 97471
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2470 Edenbower Blvd Roseburg, OR 97471
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Melony Marsh, CCIM
    Melony Marsh, CCIM
    Real Estate License ID: OR
    Learn more
    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.