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    Cottage Grove, OR 97424

    For Sale
    $750,000

    1.6-acre property with dual zoning, greenhouses, and water rights.

    Lot size:
    1.62 Acres

    Property Features for

    General Information

    Lot size
    1.62 Acres

    Source: Mid-WillametteMid-WillametteMid-Willamette Agent Paul TerjesonPaul TerjesonPaul Terjeson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cottage Grove Live/Work Property

    This versatile 1.6-acre property in Cottage Grove features dual residential and commercial zoning, making it suitable for live/work arrangements. The property includes a 1925 Craftsman-style home with 3 bedrooms and 1.5 bathrooms. In addition to the residential space, there are 10 greenhouses, 3 hoop houses, a barn, an office, a temperature-controlled room, and storage facilities. The property also benefits from 1.33 acres of 1926-priority water rights. This property is ideal for a nursery, propagation, or mixed-use business, and the flexible zoning allows for a multitude of combinations for residential and commercial development. Explore the multitude of development options with the City of Cottage Grove.
    Location Intelligence

    Current Use by Public Records

    Nursery and garden centers

    Map

    City
    Cottage Grove
    County
    Lane
    State
    Oregon
    Longitude
    -122.952
    Latitude
    43.6808

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    FAQs

    What type of property is this?
    Farm - 1.6-acre property with dual zoning, greenhouses, and water rights.
    Where is this farm located?
    The property is located at Cottage Grove, OR.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - 1.6-acre property with dual zoning, offering versatile live/work opportunities.; - **1.33 acres of 1926-priority water rights**, valuable for agricultural or commercial use.; - **Includes a 1925 Craftsman 3BD/1.5BA home.**
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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
    Cottage Grove, OR 97424
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