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    434 Pleasant Valley Rd Merlin, OR 97532
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    Property profile & analytics

    434 Pleasant Valley Rd, Merlin, OR 97532

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    • Commercial real estate
    • 1.14 lot acres
    Off-Market
    Property ID
    US71-0890967
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 434 Pleasant Valley Rd

    Lot size
    1.14 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 1.14-acre vacant lot presents a remarkable opportunity for commercial or industrial development in the thriving town of Merlin, Oregon. Located at 434 Pleasant Valley Road, this property boasts significant street frontage and benefits from high traffic counts, ensuring excellent visibility and accessibility for any future business. The lot is conveniently zoned Commercial Industrial, simplifying the development process. Utilities are readily available, with power and sewer connections already in place. Prospective buyers are advised to conduct their own due diligence regarding water and sewer specifics. The land itself is notably clean, flat, and buildable, offering a blank canvas for a wide range of projects. Its ideal location in Josephine County, Oregon, zip code 97532, provides easy access to key transportation routes and a growing community. This property's size, zoning, and location combine to create a compelling investment opportunity with substantial potential for return. The asking price is $215,000. Don't miss this chance to secure a prime piece of commercial/industrial real estate in a dynamic market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Merlin
    County
    Josephine
    State
    Oregon
    Longitude
    -123.419111
    Latitude
    42.519407

    Comparable in this City

    • $299,000
      2,476 SF

      Merlin Industrial Building with Hoist

      Industrial building with tall ceilings, hoist, and three-phase power.
      2693 Pleasant Valley Rd, Merlin, OR 97532
      View Details
    • $350,000
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      Merlin Commercial Property with License

      Versatile commercial property with retail license and living area.
      215 Galice Rd, Merlin, OR 97532
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    • $72,000
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      Treed Land in Merlin, Oregon

      Five-acre treed land parcel with potential building sites.
      Quartz Creek Rd, Merlin, OR 97532
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    • $72,000
      217,800 SF

      Treed Five Acre Land Parcel

      Five acre treed land parcel with potential building sites.
      Unit TL 500 Quartz Creek Rd, Merlin, OR 97532
      View Details
    • $99,500
      5.00 Acres

      Secluded Land by Quartz Creek

      5-acre parcel near Merlin, OR, with timber resource potential.
      Quartz Creek Rd, Merlin, OR 97532
      View Details
    • $850,000
      2,530 SF

      Merlin Bar & Restaurant - Riverfront Opportunity

      Established Bar, Turnkey Operation, High Revenue Potential
      915 Galice Rd, Merlin, OR 97532
      View Details

    Similar Nearby for Sale

    • $299,000
      2,476 SF

      Merlin Industrial Building with Hoist

      Industrial building with tall ceilings, hoist, and three-phase power.
      2693 Pleasant Valley Rd, Merlin, OR 97532
      View Details
    • $350,000
      0.60 Acres

      Merlin Commercial Property with License

      Versatile commercial property with retail license and living area.
      215 Galice Rd, Merlin, OR 97532
      View Details
    • $72,000
      5.00 Acres

      Treed Land in Merlin, Oregon

      Five-acre treed land parcel with potential building sites.
      Quartz Creek Rd, Merlin, OR 97532
      View Details
    • $72,000
      217,800 SF

      Treed Five Acre Land Parcel

      Five acre treed land parcel with potential building sites.
      Unit TL 500 Quartz Creek Rd, Merlin, OR 97532
      View Details
    • $99,500
      5.00 Acres

      Secluded Land by Quartz Creek

      5-acre parcel near Merlin, OR, with timber resource potential.
      Quartz Creek Rd, Merlin, OR 97532
      View Details
    • $850,000
      2,530 SF

      Merlin Bar & Restaurant - Riverfront Opportunity

      Established Bar, Turnkey Operation, High Revenue Potential
      915 Galice Rd, Merlin, OR 97532
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      New Warehouse/Flex Space Available

      New construction warehouse/flex space for lease in Merlin, Oregon.
      954 Ort Ln, Merlin, OR 97532
      View Details
    • $3,750 /Mo
      14,632 SF

      New Industrial Flex Space Available

      New construction flex/warehouse space for lease in Merlin, Oregon.
      954 Ort Ln, Merlin, OR 97532
      View Details
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    434 Pleasant Valley Rd
    Merlin, OR 97532
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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    434 Pleasant Valley Rd, Merlin, OR, 97532
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