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    Property profile & analytics

    117 1st Ave Myrtle Creek, OR 97457-9061

    • Strip malls
    • 3,175 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 01, 2024
    $140,000
    Location Intelligence
    Property ID
    US71-0409468
    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

    • Strip malls

    Property Details for 117 1st Ave

    Year built
    1912
    Lot size
    0.07 lot acres
    Property size
    3,175 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    29-05W-28AA-02600
    APU
    2905W28AA02600

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Myrtle Creek
    County
    Douglas
    State
    Oregon
    Longitude
    -123.289
    Latitude
    43.0249
    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
    $1,454
    $0.00
    $0.00
    $108,729
    -
    $58,907
    $204,470
    $263,377

    Comparable in this City

    • Value Estimation by Request
      3,750 SF

      251 Main St

      SHOPPING CENTER, STRIP CENTER • 3,750 SF
      251 Main St, Myrtle Creek, OR 97457-7443
      View Details
    • Value Estimation by Request
      48,835 SF

      821 Main St

      SHOPPING CENTER, STRIP CENTER • 48,835 SF
      821 Main St, Myrtle Creek, OR 97457-9334
      View Details
    • Value Estimation by Request
      8,120 SF

      Myrtle Creek, OR 97457

      SHOPPING CENTER, STRIP CENTER • 8,120 SF
      Myrtle Creek, OR 97457
      View Details
    • Value Estimation by Request
      7,670 SF

      Main St

      SHOPPING CENTER, STRIP CENTER • 7,670 SF
      Main St, Myrtle Creek, OR 97457
      View Details
    • Value Estimation by Request
      4,787 SF

      655 Main St

      SHOPPING CENTER, STRIP CENTER • 4,787 SF
      655 Main St, Myrtle Creek, OR 97457-7487
      View Details
    • Value Estimation by Request
      1,100 SF

      Myrtle Creek, OR 97457

      SHOPPING CENTER, STRIP CENTER • 1,100 SF
      Myrtle Creek, OR 97457
      View Details

    Similar Nearby for Sale

    • $5,200,000
      67,462 SF

      Valley View Plaza: Myrtle Creek, OR

      Grocery-anchored shopping center, high traffic.
      909 Main St, Myrtle Creek, OR 97457
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    • $275,000
      3,000 SF

      Prime Myrtle Creek Retail Space

      Historic building, 3,000 sq ft, $275,000
      236 Main St, Myrtle Creek, OR 97457
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      Versatile Income-Producing Property

      Seven-unit property with diverse rental types and commercial shop.
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    • Contact for pricing
      24,231 SF

      Myrtle Creek Commercial Building

      Commercial building for sale in Myrtle Creek, Oregon.
      498 South Old Pacific Hwy, Myrtle Creek, OR 97457
      View Details
    • New
      $85,000
      0.92 Acres

      Land in MyrtleCreek, Oregon

      Nearly one acre of land with utilities in MyrtleCreek.
      135 Crest Dr, Myrtle Creek, OR 97457
      View Details
    • $300,000

      Myrtle Creek Home on Two Lots

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      View Details
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    Myrtle Creek, OR 97457-9061
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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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