0 Melton Rd & Emerald Pkwy Coquille, OR 97423
This exceptional 1.62-acre commercial lot presents a compelling investment opportunity in Creswell, Oregon. Located at the intersection of Melton Road and Emerald Parkway, this property boasts excellent visibility and high traffic counts, making it ideal for a variety of retail or commercial ventures. The lot is zoned General Commercial, allowing for a wide range of potential uses, subject to city approval. Its flat terrain and proximity to existing utilities, including electricity, gas, water, cable, and telephone services, simplify development. The property's strategic location places it near established businesses such as Comfort Inn, Tractor Supply, BiMart, and Dairy Queen, ensuring high foot traffic and brand recognition. This parcel represents a strong investment opportunity, suitable for both immediate development or long-term holding, capitalizing on Creswell's expanding retail sector and growing population. The buyer is responsible for verifying that intended use complies with city zoning regulations. This corner lot offers unparalleled access via Emerald Parkway, further enhancing its appeal and potential. The asking price for this remarkable property is $475,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.