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    Property profile & analytics

    305 2nd Ave Myrtle Creek, OR 97457

    • Retail space
    • 1,973 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 01, 2025
    $160,000
    Location Intelligence
    Property ID
    US71-0777316
    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

    • Retail space

    Property Details for 305 2nd Ave

    Year built
    1960
    Lot size
    0.11 lot acres
    Property size
    1,973 SF
    Property type
    Retail space
    APN
    29-05W-28AA-06000
    APU
    2905W28AA06000

    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
    -123.288
    Latitude
    43.0263
    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
    $1,344
    $0.00
    $0.00
    $100,492
    -
    $42,433
    $108,232
    $150,665

    Comparable in this City

    • Value Estimation by Request
      1,500 SF

      631 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      631 Main St, Myrtle Creek, OR 97457-7487
      View Details
    • Value Estimation by Request
      1,141 SF

      898 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,141 SF
      898 Main St, Myrtle Creek, OR 97457-9334
      View Details
    • Value Estimation by Request
      1,920 SF

      961 Old Pacific Hwy

      RETAIL STORES (PERSONAL SERVICES) • 1,920 SF
      961 Old Pacific Hwy, Myrtle Creek, OR 97457-9357
      View Details
    • Value Estimation by Request
      672 SF

      220 2nd Ave

      RETAIL STORES (PERSONAL SERVICES) • 672 SF
      220 2nd Ave, Myrtle Creek, OR 97457-9139
      View Details
    • Value Estimation by Request
      1,300 SF

      127 2nd Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,300 SF
      127 2nd Ave, Myrtle Creek, OR 97457-9138
      View Details
    • Value Estimation by Request
      1,680 SF

      147 Grant Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,680 SF
      147 Grant Ave, Myrtle Creek, OR 97457-9719
      View Details

    Similar Nearby for Sale

    • $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
      View Details
    • $589,900
      7,700 SF

      Versatile Income-Producing Property

      Seven-unit property with diverse rental types and commercial shop.
      333 S Old Pacific Hwy, Myrtle Creek, OR 97457
      View Details
    • $5,200,000
      67,462 SF

      Valley View Plaza: Myrtle Creek, OR

      Grocery-anchored shopping center, high traffic.
      909 Main St, Myrtle Creek, OR 97457
      View Details
    • Contact for pricing
      24,231 SF

      Myrtle Creek Commercial Building

      Commercial building for sale in Myrtle Creek, Oregon.
      498 South Old Pacific Hwy, Myrtle Creek, OR 97457
      View Details
    • New
      $85,000
      0.92 Acres

      Land in MyrtleCreek, Oregon

      Nearly one acre of land with utilities in MyrtleCreek.
      135 Crest Dr, Myrtle Creek, OR 97457
      View Details
    • $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
      View Details
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    305 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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