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Property profile & analytics

347 Myrtle St Sutherlin, OR 97479

  • Commercial real estate
  • 2,296 SF
  • 3.84 lot acres
Value Estimation
Last Sale
Feb 18, 2021
$865,000
Location Intelligence
Property ID
US71-0213564
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 347 Myrtle St

Year built
1999
Lot size
3.84 lot acres
Property size
2,296 SF
Property type
Commercial real estate
APN
25-05W-18DC-00600
APU
2505W18DC00600

Description

This exceptional Sutherlin, Oregon commercial property boasts 7,396 square feet on a 3.84-acre lot with prime I-5 frontage. Its strategic location offers immediate access to the town's first exit, benefiting from nearby developments such as the new Evergreen Medical Center and workforce housing. The property is fully fenced and includes two substantial RV-height shop buildings, a retail center, and an office building. The first shop building is move-in ready, featuring power doors, 50-amp service, air compressor lines, a bathroom, an office area, and an upper mezzanine for extra storage or workspace. The second shop building provides a blank canvas for customization. The shops and retail center are in excellent condition, while the office building requires some renovations. This turnkey opportunity presents a unique chance to establish or expand a business in a thriving location. The property's size and diverse building types offer significant flexibility for various commercial ventures. Attractive owner financing options are available, making this an even more compelling investment. This property is ideal for businesses seeking high visibility and convenient access to major transportation routes. Don't miss this chance to own a substantial commercial property in a growing Oregon community.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $660,000
  • CAP approach

    CAP return
    Estimation
    6%
    $945,000
    6.5%
    $960,000
    7%
    $975,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $875,000
    Geo Method
    $980,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $760,000
    Retail
    $920,000
    Mixed-Use
    $1,015,000
    Hospitality
    $845,000
    Educational
    $930,000
    Residential Income
    $1,055,000
    Energy
    $905,000
    Income-Based Land
    $900,000
    Food Service
    $1,030,000

Location Insight

  • Map
  • Local Demand
City
Sutherlin
County
Douglas
State
Oregon
Longitude
-123.336
Latitude
43.3891
CBSA code
40700
CBSA name
ROSEBURG, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,868
$0.00
$0.00
$657,377
-
$643,990
$278,798
$922,788
More about this property
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