487 Montgomery Ave, Glendale, OR 97442
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.