Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    284 Collins Rd Westlake, OR 97493-9602

    • Grocery and convenience stores
    • 2,248 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $1,210,000
    Last Sale
    May 02, 2025
    $1,200,000
    Location Intelligence
    Property ID
    US71-0840125
    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

    • Grocery and convenience stores

    Property Details for 284 Collins Rd

    Year built
    1965
    Lot size
    0.15 lot acres
    Property size
    2,248 SF
    Zone code
    CT
    Property type
    Grocery and convenience stores
    APN
    20-12W-01C-00600
    APU
    2012W01C00600

    Description

    Exceptional investment opportunity: This iconic Oregon lakefront RV park, situated on 1.95 acres in Dunes City (Westlake), offers 26 RV & tent sites (permitted for 62), a general store, two houses, a recreational building, a manager's house with a workshop, a boat launch, and a private dock. The property includes a charming two-bedroom cabin and a spacious two-story home for long-term tenants. Built in 1928, this six-building, two-story complex boasts 3,650 square feet of rentable space and currently operates at 75% occupancy, generating a $79,900 NOI and a 6.39% cap rate. The asking price is $1,250,000. The property is zoned C and features mature landscaping. This value-add opportunity presents a chance to restore this unique property to its former glory. The property's location on a wind-protected, sunny point of Siltcoos Lake provides a tranquil and desirable setting for guests. The existing infrastructure, including the general store and various buildings, provides a solid foundation for future growth and expansion. This is a truly unique opportunity to own a thriving lakefront resort.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,210,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,095,000
      6.5%
      $1,200,000
      7%
      $1,235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,190,000
      Geo Method
      $1,260,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,380,000
      Retail
      $1,045,000
      Mixed-Use
      $1,245,000
      Hospitality
      $1,310,000
      Educational
      $1,160,000
      Residential Income
      $1,180,000
      Energy
      $1,060,000
      Income-Based Land
      $1,195,000
      Food Service
      $1,070,000

    Location Insight

    • Map
    • Local Demand
    City
    Westlake
    County
    Douglas
    State
    Oregon
    Longitude
    -124.083
    Latitude
    43.8615
    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
    $1,170
    $0.00
    $0.00
    $86,983
    -
    $30,187
    $82,113
    $112,300

    Comparable in this City

    • Value Estimation by Request
      0.16 Acres

      284 Collins Rd

      MOBILE HOME PARK, TRAILER PARK • 0.16 Acres
      284 Collins Rd, Westlake, OR 97493-9602
      View Details
    • Value Estimation by Request
      3,165 SF

      81961 Ada Sta Rd

      RECREATIONAL, ENTERTAINMENT • 3,165 SF
      81961 Ada Sta Rd, Westlake, OR 97493-9603
      View Details
    • Value Estimation by Request
      548 SF

      81698 Ada Sta Rd

      RECREATIONAL, ENTERTAINMENT • 548 SF
      81698 Ada Sta Rd, Westlake, OR 97493-9601
      View Details
    • Value Estimation by Request
      864 SF

      300 Collins Rd

      MOBILE HOME PARK, TRAILER PARK • 864 SF
      300 Collins Rd, Westlake, OR 97493
      View Details
    • Value Estimation
      $125,000
      5.52 Acres

      81654 Ada Sta Rd

      RECREATIONAL, ENTERTAINMENT • 5.52 Acres
      81654 Ada Sta Rd, Westlake, OR 97493-9601
      View Details
    • Value Estimation by Request

      6132 Lowr Fiddle Crk Rd

      RECREATIONAL, ENTERTAINMENT
      6132 Lowr Fiddle Crk Rd, Westlake, OR 97493-9715
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    284 Collins Rd
    Westlake, OR 97493-9602
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.