Financial
Distress signals
Property profile

1921 Virginia Ave North Bend, OR 97459

FOR SALE
Retail space
Property ID
US71-0611619
0.18 ac lot Built 1963
Last sale Feb 2010 · $720,000
Individually Owned Owner of record is an individual. 16-yr Hold Held for 16 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The offering includes two stand-alone laundromat buildings: 1921 Virginia Ave in North Bend and 693 Central Ave in Coos Bay, with a third similar stand-alone laundromat location at 320 N 14th Street in Reedsport (about 20 minutes north). The North Bend site is configured with 21 Dexter washers sized for 20 lb through 90 lb loads, and 12 dual-pocket Dexter dryers (30 lb and 50 lb), along with two on-site parking spaces and a dedicated ADA parking space. The Coos Bay site is similarly equipped

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$193k
Effective rate1.54%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$139/SF
County average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$61 – $193

Cap rate analysis

How does the asset earn?
2.10%
$62k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-G
In a C-G zone, uses shall be subject to the following limitations: (1) All business, service, processing, storage, or display of merchand...
General categoryCOMMERCIAL
JurisdictionCOOS

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.2
Auto Parts Store10.9
HVAC Service10.7

Location

1921 Virginia Ave North Bend, OR 97459
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2051 Sherman, North Bend, OR 97459-3306 $190,000 Jan 2025 3,000 SF
2591 Broadway, North Bend, OR 97459-1634 $100,000 Jun 2024 No data
2147 Broadway, North Bend, OR 97459-2329 $200,000 May 2024 No data
1780 Sherman, North Bend, OR 97459-3534 $225,000 Apr 2024 No data
3219 Broadway, North Bend, OR 97459-2225 $535,000 Oct 2023 6,322 SF
1858 Un, North Bend, OR 97459-3422 $185,000 Jun 2023 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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