Property profile

222 Bower Ave Nyssa, OR 97913

OFF-MARKET
Commercial real estate
Property ID
US71-0906556
5,596 SF 0.15 ac lot Built 1938
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 0.21-acre commercial lot presents a remarkable opportunity for investors and developers seeking a prime location in Nyssa, Oregon. Situated at 222 Bower Ave, this property offers significant potential for a variety of commercial ventures. The expansive 0.21-acre parcel provides ample space for new construction or redevelopment, catering to a range of business needs. Its strategic location within Nyssa ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in a thriving community. The property's zoning (which should be independently verified) allows for a diverse range of commercial uses, offering flexibility for potential buyers. The asking price of $220,000 represents a compelling investment opportunity in a rapidly growing market. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a valuable piece of commercial real estate in a desirable location. Act quickly, as opportunities like this are rare. The property is sold as-is.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1938
Total area 5,596 SF
Lot 0.15 ac (6,600 SF)
Zoning code N-C
APN 19S4732AB 7000
UPID US71-0906556

Cap rate & NOI

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

Location

222 Bower Ave Nyssa, OR 97913-3912
Nyssa metro Census 970500 ONTARIO, OR-ID MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$205k

Owner & transaction history

since 2023
Last sale
$205,000
2 recorded transactions
2023
$205,000
2021
$84,000

Zoning & alternative use

N-C · Nyssa, OR

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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