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    Property profile & analytics

    51 Ml Crk Dr Prospect, OR 97536-9728

    • Mobile home & RV parks
    • 6,624 SF
    • 8.40 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-0088918
    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

    • Mountain Village / Mobile Home Park / Real Estate
    • The Ridgeback Cares / Dog Walker

    Property Details for 51 Ml Crk Dr

    Lot size
    8.40 lot acres
    Property size
    6,624 SF
    Zone code
    RS
    Property type
    Mobile home & RV parks
    APN
    1-0513229
    APU
    10513229

    Description

    This thriving restaurant presents a fantastic business opportunity in the picturesque town of Prospect, Oregon. Situated on Mill Creek Drive, its convenient highway location makes it an ideal stop for travelers and locals alike. The restaurant boasts a fun and popular menu, having established itself as a community favorite. All kitchen and commercial appliances are included and are in excellent, newer condition, minimizing upfront investment costs. The current lease is highly affordable, providing a significant advantage for the new owner. The sale is contingent upon landlord approval of the prospective buyer. This is a turnkey operation, perfect for an experienced restaurateur looking to acquire an already successful business. The sale includes only the business itself

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Prospect
    County
    Jackson
    State
    Oregon
    Longitude
    -122.487
    Latitude
    42.7561
    CBSA code
    32780
    CBSA name
    MEDFORD, OR METROPOLITAN 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
    $6,965
    $320,780
    $446,070
    $766,850
    -
    $796,430
    $1,111,170
    $1,907,600

    Comparable in this City

    • Value Estimation
      $315,000
      1,356 SF

      480 Ml Crk Dr

      MOBILE HOME PARK, TRAILER PARK • 1,356 SF
      480 Ml Crk Dr, Prospect, OR 97536-8918
      View Details
    • Value Estimation by Request
      1,000 SF

      291 Ml Crk Dr

      COMMERCIAL (GENERAL) • 1,000 SF
      291 Ml Crk Dr, Prospect, OR 97536-9722
      View Details
    • Value Estimation by Request
      141.04 Acres

      School Marm Cr Rd

      CENTRALLY ASSESSED • 141.04 Acres
      School Marm Cr Rd, Prospect, OR 97536
      View Details
    • Value Estimation by Request
      651.74 Acres

      2555 Ulrich Rd

      RADIO OR TV STATION • 651.74 Acres
      2555 Ulrich Rd, Prospect, OR 97536
      View Details
    • Value Estimation
      $245,000
      6,250 SF

      Ml Cr Dr

      MINI-WAREHOUSE, STORAGE • 6,250 SF
      Ml Cr Dr, Prospect, OR 97536
      View Details
    • Value Estimation by Request
      0.02 Acres

      Ml Cr Dr

      CENTRALLY ASSESSED • 0.02 Acres
      Ml Cr Dr, Prospect, OR 97536
      View Details

    Similar Nearby for Sale

    • $300,000
      1,188 SF

      Home Near Lost Creek Lake

      Well-maintained 3-bedroom home near Lost Creek Lake.
      102 Manzanita Dr, Prospect, OR 97536
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    • $45,000
      0.50 Acres

      Residential Lot Near Lost Creek

      0. 5 acre residential lot near Lost Creek Recreation Area.
      TL347 Flounce Rock Rd, Prospect, OR 97536
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    • New
      $130,000
      0.62 Acres

      Prospect, Oregon Commercial Land

      0.62-acre lot with utilities in Prospect, Oregon.
      285 Mill Creek Dr, Prospect, OR 97536
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    • $2,500,000
      6,800 SF

      Equestrian Estate with Income Potential

      95-acre equestrian estate with Craftsman home and income potential.
      44335 Crater Lk Hwy, Prospect, OR 97536
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    • New
      Contact for pricing

      Prospect, Oregon Restaurant Opportunity

      Restaurant opportunity in Prospect, Oregon with newer appliances.
      Prospect Family Kitchen, Prospect, OR 97536
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    • $130,000
      0.62 Acres

      Prospect, Oregon Commercial Land

      0.62-acre lot with utilities in Prospect, Oregon.
      285 Mill Creek Dr, Prospect, OR 97536
      View Details
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    51 Ml Crk Dr
    Prospect, OR 97536-9728
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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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