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    Myrtle Terrace Rd Coquille, OR 97423

    • Land
    For Sale
    View listing
    $300,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Myrtle Terrace Rd

    Property type
    Land

    Description

    This exceptional 300,000 dollar commercial land opportunity is located at 0 Myrtle Terrace Rd, Coquille, Oregon, 97423. Situated in Coos County, this property offers a unique investment prospect with subdivision approval already in place for the development of seven individual home sites. The land is ideally positioned in a rural setting, providing a tranquil environment while still maintaining convenient access to the amenities of Coquille. The latitude and longitude coordinates are 43.1639927, -124.1693633, allowing for easy location verification and mapping. This is a blank canvas for a developer seeking to create a residential community, offering significant potential for future growth and return on investment. The property is currently available for sale and presents a rare chance to acquire a fully approved commercial land parcel ready for immediate development. All necessary approvals for the seven home sites are already secured, eliminating significant hurdles and streamlining the development process. This presents a streamlined path to profitability for the discerning investor. The asking price reflects the significant value and potential of this exceptional land parcel.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Coquille
    County
    Coos
    State
    Oregon
    Longitude
    -124.169
    Latitude
    43.164

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      VACANT COMMERCIAL LAND • 0.06 Acres
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    Coquille, OR 97423
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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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