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    Property profile & analytics

    121 2nd Ave Myrtle Creek, OR 97457-9138

    • Retail space
    • 966 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-0827645
    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

    • Arrowood Insurance Agency / Insurance Agency

    Property Details for 121 2nd Ave

    Year built
    1948
    Lot size
    0.04 lot acres
    Property size
    966 SF
    Property type
    Retail space
    APN
    29-05W-28AA-05000
    APU
    2905W28AA05000

    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
    43.0254
    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
    $863
    $0.00
    $0.00
    $64,560
    -
    $33,655
    $69,987
    $103,642

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      631 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      631 Main St, Myrtle Creek, OR 97457-7487
      View Details
    • Value Estimation by Request
      1,141 SF

      898 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,141 SF
      898 Main St, Myrtle Creek, OR 97457-9334
      View Details
    • Value Estimation by Request
      1,920 SF

      961 Old Pacific Hwy

      RETAIL STORES (PERSONAL SERVICES) • 1,920 SF
      961 Old Pacific Hwy, Myrtle Creek, OR 97457-9357
      View Details
    • Value Estimation by Request
      1,973 SF

      305 2nd Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,973 SF
      305 2nd Ave, Myrtle Creek, OR 97457
      View Details
    • Value Estimation by Request
      2,082 SF

      189 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,082 SF
      189 Main St, Myrtle Creek, OR 97457-7326
      View Details
    • Value Estimation by Request
      888 SF

      336 Oak St

      RETAIL STORES (PERSONAL SERVICES) • 888 SF
      336 Oak St, Myrtle Creek, OR 97457-8537
      View Details

    Similar Nearby for Sale

    • $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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    • $589,900
      7,700 SF

      Versatile Income-Producing Property

      Seven-unit property with diverse rental types and commercial shop.
      333 S Old Pacific Hwy, Myrtle Creek, OR 97457
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    • $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
      View Details
    • 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

      Serene 3-bedroom home on 0.58 acres with valley views.
      711 Plin St, Myrtle Creek, OR 97457
      View Details
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    Myrtle Creek, OR 97457-9138
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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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