138 State Hwy Glide, OR 97479
This exceptional 2.25-acre commercial land parcel presents a prime development opportunity in the thriving city of Sutherlin, Oregon. Located at 0 State Highway 138, this flat, build-ready lot is zoned C3, offering significant flexibility for various commercial ventures. The property's location within a burgeoning area of new development ensures strong potential for future growth and high return on investment. Previously approved for an adult living facility, this site offers a clear path for developers seeking to capitalize on the increasing demand for senior care facilities in the region. The expansive lot size provides ample space for a large-scale project, while its convenient highway access ensures excellent visibility and accessibility. With an asking price of $600,000 and an APN of R46664, this property represents a compelling investment opportunity in a dynamic and rapidly expanding market. The property's flat terrain simplifies construction, minimizing site preparation costs and accelerating project timelines. This is an exceptional chance to acquire a strategically located commercial lot with a proven track record of development approval, poised for immediate development in a high-growth area. The zip code is 97479.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.