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    FOR SALE
    Commercial real estate

    487 Montgomery Ave, Glendale, OR 97442

    0.64 ac lot
    Property ID
    US71-1649050
    Property summary
    AI-generated overview

    This 0.64-acre residential land parcel in Glendale, Oregon, presents a unique investment opportunity. Located at 487 Montgomery Ave, 97442, this property consists of two parcels. One parcel features a fire-damaged dwelling that, according to city planning regulations, is rebuildable. The property already benefits from existing water and sewer connections, simplifying the rebuilding process. The land itself offers a mix of flat and sloped terrain, providing ample space for development on the second parcel, subject to city planning regulations. The wooded lots provide a degree of privacy and seclusion, enhanced by the property's location at the end of a road. Conveniently situated just off Interstate 5, this location offers easy access to Grants Pass (27 miles) and Roseburg (47 miles). This property is ideal for those seeking a secluded building site with existing utilities, offering significant potential for development and rebuilding. The Douglas County location adds to its appeal. Buyers are encouraged to verify all information with the relevant authorities and conduct their own due diligence.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.64 ac (27,878 SF)
    UPID US71-1649050
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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