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    Property profile & analytics

    Michigan Ave Coos Bay, OR 97420

    • Land
    • 28.00 lot acres
    For Sale
    View listing
    $499,950
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Michigan Ave

    Lot size
    28.00 lot acres
    Property type
    Land

    Description

    This exceptional 28-acre commercial property, located at 0 Michigan Ave, Coos Bay, Oregon (97420), presents a unique investment opportunity. Situated on the waterfront, this land boasts its own private beach and island, a truly rare find in the market. Zoned W-I and C, the property offers considerable flexibility for development. Existing pilings and platted access are in place, simplifying development plans. The land comprises several tax lots, providing potential for diverse uses. Its strategic location directly across from the proposed new container facility on the North Spit offers significant long-term growth potential. Imagine the possibilities: a private retreat, a commercial venture capitalizing on the thriving salmon fishing industry, or a unique combination of both. This is a chance to own a piece of Oregon's stunning coastline with exceptional commercial potential. The asking price is $499,950. Don't miss this extraordinary chance to create something truly special. This property is ready for your vision.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Coos Bay
    County
    Coos
    State
    Oregon
    Longitude
    -124.274
    Latitude
    43.3903

    Comparable in this City

    • Value Estimation by Request
      1.55 Acres

      5Th St

      Land • 1.55 Acres
      0 5Th St, Coos Bay, OR 97420
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    • Value Estimation by Request

      Pennsylvania St

      Land
      0 Pennsylvania St, Coos Bay, OR 97420
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    • Value Estimation by Request
      14.44 Acres

      Stian Smith Ln

      Land • 14.44 Acres
      0 Stian Smith Ln, Coos Bay, OR 97420
      View Details
    • Value Estimation by Request
      1.55 Acres

      5Th St

      Land • 1.55 Acres
      0 5Th St, Coos Bay, OR 97420
      View Details
    • Value Estimation by Request
      1.06 Acres

      63597 Seven Devils Rd

      Land • 1.06 Acres
      63597 Seven Devils Rd, Coos Bay, OR 97420
      View Details
    • Value Estimation by Request
      0.29 Acres

      Seven Devils Rd

      Land • 0.29 Acres
      0 Seven Devils Rd, Coos Bay, OR 97420
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Coos Bay Commercial Land Parcel

      Prime Oregon commercial lot, affordable price.
      0 Pennsylvania St, Coos Bay, OR 97420
      View Details
    • $1,200,000
      1.55 Acres

      Coos Bay Commercial Land - $1.2M

      1.55-acre I-C zoned lot, prime development.
      0 5Th St, Coos Bay, OR 97420
      View Details
    • $499,950
      28.00 Acres

      Coos Bay Waterfront Commercial Land

      Rare Island & Beachfront Opportunity!
      0 Michigan Ave, Coos Bay, OR 97420
      View Details
    • $79,000
      0.11 Acres

      Coos Bay Land Opportunity

      Cleared, level lot in desirable Coos Bay neighborhood.
      1227 Seagate Ave, Coos Bay, OR 97420
      View Details
    • New
      $650,000
      47.98 Acres

      Coos Bay Hilltop Acreage

      48+ acres with views, utilities, shop, ready for development.
      1923 Idaho Dr, Coos Bay, OR 97420
      View Details
    • $129,500
      0.58 Acres

      Hilltop Lot with Coastal Views

      Exceptional .58-acre vacant lot ready for your dream home.
      2293 Frst Hl Dr, Coos Bay, OR 97420
      View Details
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    Michigan Ave
    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
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