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    Property profile & analytics

    2nd Ave Myrtle Creek, OR 97457

    • Commercial real estate
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-1497041
    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

    • Commercial real estate

    Property Details for 2nd Ave

    Lot size
    0.11 lot acres
    Property type
    Commercial real estate
    APN
    29-05W-28AA-05300
    APU
    2905W28AA05300

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Myrtle Creek
    County
    Douglas
    State
    Oregon
    Longitude
    -123.289
    Latitude
    43.0258
    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
    $281
    $0.00
    $0.00
    $21,002
    -
    $38,576
    $7,245
    $45,821

    Comparable in this City

    • Value Estimation by Request

      1016 Aviation Dr

      COMMERCIAL (GENERAL)
      1016 Aviation Dr, Myrtle Creek, OR 97457-8788
      View Details
    • Value Estimation by Request
      1,404 SF

      1069 Old Pacific Hwy

      COMMERCIAL (GENERAL) • 1,404 SF
      1069 Old Pacific Hwy, Myrtle Creek, OR 97457-7465
      View Details
    • Value Estimation by Request
      1,180 SF

      112 Walnut St

      COMMERCIAL (GENERAL) • 1,180 SF
      112 Walnut St, Myrtle Creek, OR 97457-9372
      View Details
    • Value Estimation by Request
      4,800 SF

      335 Main St

      COMMERCIAL (GENERAL) • 4,800 SF
      335 Main St, Myrtle Creek, OR 97457-7330
      View Details
    • Value Estimation by Request
      900 SF

      925 Old Pacific Hwy

      Investment properties • 900 SF
      925 Old Pacific Hwy, Myrtle Creek, OR 97457
      View Details
    • Value Estimation by Request
      5,000 SF

      150 4th Ave

      COMMERCIAL (GENERAL) • 5,000 SF
      150 4th Ave, Myrtle Creek, OR 97457-9073
      View Details

    Similar Nearby for Sale

    • $109,000
      0.51 Acres

      Myrtle Creek Commercial Land Investment

      Prime .51-acre commercial lot, C-2 zoning.
      1030 Old Pacific Hwy, Myrtle Creek, OR 97457
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    • $275,000
      3,000 SF

      Prime Myrtle Creek Retail Space

      Historic building, 3,000 sq ft, $275,000
      236 Main St, Myrtle Creek, OR 97457
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    • $300,000

      Myrtle Creek Home on Two Lots

      Serene 3-bedroom home on 0.58 acres with valley views.
      711 Plin St, Myrtle Creek, OR 97457
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    • $650,000
      3,986 SF

      MyrtleCreek Multifamily and Agricultural Property

      222.67 acres with homes, duplex, pasture, and wooded lands.
      161 Vintage Ln, Myrtle Creek, OR 97457
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    • $340,000

      Three Homes, Income Potential

      Three updated manufactured homes on separate tax lots, rental income.
      1110 N Old Pacific Hwy, Myrtle Creek, OR 97457
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    • $220,000
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      MyrtleCreek Land with Utilities

      Secluded land with utilities, ready for building.
      884 David Dr, Myrtle Creek, OR 97457
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    2nd Ave
    Myrtle Creek, OR 97457
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    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
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