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Property profile & analytics
OFF-MARKET
Land

0 Michigan Ave Coos Bay, OR 97420

28 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 28 ac (1,219,680 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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