0 Myrtle Terrace Rd Coquille, OR 97423
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.