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    OFF-MARKET
    Land

    0 Pacific View Dr, Florence, OR 97439

    39.15 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 39.15-acre property presents a unique investment opportunity in Florence, Oregon. Located on Pacific View Drive and bordered by Rhododendron Drive, this expansive land parcel offers a blend of industrial and residential zoning possibilities. The property is comprised of three separate legal lots, providing flexibility for various development scenarios. A significant portion is zoned for Light Industrial use within the Pacific View Drive Business Park, while a 6,534 square foot section is designated Medium Density Residential, offering river access to the Siuslaw River. The land's versatility allows for the potential creation of additional residential lots through a lot-line adjustment along Rhododendron Drive. The asking price is $1,650,000, translating to a land value of $1.11 per square foot. This fee-simple ownership provides complete control and potential for significant return on investment. The property's strategic location and diverse zoning make it ideal for a variety of uses, from industrial development to residential subdivisions. Prospective buyers are encouraged to conduct their own due diligence to fully explore the development potential of this remarkable property in Lane County, Oregon, zip code 97439. The property's location offers easy access via Pacific View Drive to the east and Rhododendron Drive to the west.

    Property profile
    Verified
    Property type Land
    Lot 39.15 ac (1,705,374 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
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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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