$299,000 2,476 SF

2693 Pleasant Valley Rd, Merlin, OR 97532
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Rural industrial property located at 2693 Pleasant Valley Road in Merlin, consisting of a 2,476-square-foot frame building on 0.57 acres. The main shop features a ceiling height over 16 feet, a tall roll-up door, and a heavy-duty hoist mounted on steel rails extending along the length of the building. A secondary shop area includes ceilings above 12 feet, a roll-up door opening to an adjoining slab-floored, carport-style exterior area. Interior space also includes a bedroom area, kitchen area,…

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.

Debts

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?

$658

Tax billed · 2023

Assessed value$94k

Effective rate0.70%

Value estimate

· Oct 2026

$200k

$180k – $220k

NOI build-up

Gross scheduled income$39k

Vacancy & credit loss−$3k

Operating expenses−$13k

NOI · 7.43% cap applied$22k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?

$133/SF

County average, outlier-cleaned · 197 recorded sales of this use type

Observed band · Q1–Q3$81 – $212

Qualifying comparables5

Cap rate analysis

How does the asset earn?

7.43%

$22k 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?

RI; RURAL INDUST

JurisdictionJOSEPHINE

Location intelligence

Which uses thrive at this corner?

Best fit: Building Supply

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Building Supply10.9

Dental Office10.3

Realty agency10.1

2693 Pleasant Valley Rd Merlin, OR 97532

County assessor Recorded deeds · not on file 5 qualifying comp sales 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 · 6 properties nearby

Address Sale price Sold Size

500 Peach, Merlin, OR 97532-9786 $195,000 Jul 2023 4,954 SF

1450 Peavine, Merlin, OR 97532 $86,000 Feb 2023 360 SF

325 Galice, Merlin, OR 97532-8754 $500,000 Jul 2021 4,720 SF

103 Merlin, Merlin, OR 97532-9763 $395,000 Jan 2021 3,280 SF

330 Galice, Merlin, OR 97532-8754 $340,000 Oct 2020 2,917 SF

1110 Ort, Merlin, OR 97532-8802 $240,000 May 2020 2,560 SF

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

Value Estimation
$395,000

2,917 SF

330 Galice Rd

COMMERCIAL (GENERAL)

330 Galice Rd, Merlin, OR 97532-8754

View Details
Value Estimation
$125,000

1,520 SF

575 Galice Rd

COMMERCIAL (GENERAL)

575 Galice Rd, Merlin, OR 97532-8753

View Details
Value Estimation
$145,000

1,458 SF

450 Merlin Rd

COMMERCIAL (GENERAL)

450 Merlin Rd, Merlin, OR 97532-9701

View Details
Value Estimation
$175,000

1,360 SF

304 Merlin Rd

COMMERCIAL (GENERAL)

304 Merlin Rd, Merlin, OR 97532-9701

View Details
Value Estimation
$505,000

4,720 SF

325 Galice Rd

COMMERCIAL (GENERAL)

325 Galice Rd, Merlin, OR 97532-8754

View Details
Value Estimation by Request
4,954 SF

500 Peach St

COMMERCIAL (GENERAL)

500 Peach St, Merlin, OR 97532-9786

View Details