Property profile

1480 Sherman Ave North Bend, OR 97459

OFF-MARKET
Motels
Property ID
US71-0654268
0.37 ac lot Built 1938
Individually Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1938
Lot 0.37 ac (16,117 SF)
Zoning code R-6
APN 25 S 13 W 10 DB 1100
UPID US71-0654268

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

1480 Sherman Ave North Bend, OR 97459-3676
North Bend metro Census 401 COOS BAY, OR MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$725k

Owner & transaction history

since 2021
Last sale
$650,000
3 recorded transactions
2021
$650,000
2016
$550,000
2007
Price N/A

Zoning & alternative use

R-6 · North Bend, OR
Zoning description

A use permitted outright in an R-6 zone is permitted outright in an R-5 zone. (Ord. 1952 § 1(4), 2006) 18.16.020 Conditional uses permitted. A use permitted as a conditional use in an R-6 zone is permitted as a condition…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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