0 Newmark, North Bend, Or 97459North Bend, OR 97459Price: $650,000

  • Price: $650,000
  • Est. Mortgage of $/month
  • 64 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $650,000List Price
  • 8.09Acreage
Discover the real potential of this 8-acre parcel located within North Bend City Limits. Located right in the center of Coos Bay and North Bend, on the 2nd highest trafficked road off Highway 101. Currently zoned as R-7, this property could offer an exciting opportunity for multi-residential development with re-zoning. Seller is open to a long-escrow to accommodate a contingency for rezoning application to be filed. Curious about the finer details? Ask for the zoning information and planning documents. The sellers have addressed many questions about this property over time, and now it's available for sale with more critical details in hand. Photos as well as a fly-through video capture a close look inside the lot lines. Schedule an appointment for a walk through to explore this land in depth. The listing includes approximate lot line boundaries via aerial photos, marked corner survey points, and multiple survey documents from Stuntzner engineering. If a buyer chooses to pursue rezoning to maximize on housing capacity, the zoning information and application documents are available. Builders and investors, this is your chance to explore the endless possibilities this property holds. Additionally, there is merchantable timber on the property, adding another layer of potential revenue. Timber was valued by Messerle and Sons at $42,000 a few years ago. There may be an opportunity to take advantage of some tax incentives due to the need for more housing.

"Based on information submitted to OR_RMLS_API as of December 6, 2023 1:22 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: