OR > North Bend
North Bend, OR 97459,0 Newmark
North Bend, OR 97459,0 Newmark
North Bend, OR 97459,0 Newmark
27
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Listed by National Real Estate
$700,000
Est. payment /mo
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8.09 Acres Lot
Active

0 Newmark North Bend, OR 97459

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Jamie Batte

Jamie Batte

+1(541) 890-1089

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 23622120

Annual Tax Amount $3,054

Tax Year 2023

Lot Size 8.090 Acres

Property Sub-Type Multi Family

Property Description

Located in an Oregon OPPORTUNITY ZONE (ask for the information on hand) this 8-acre parcel in North Bend City Limits offers prime potential for residential development. Positioned on the 2nd highest trafficked road off Highway 101, centrally located between Coos Bay and North Bend, near the local Community College, the VA Center, the Coast Guard Station, the Airport, and centrally located shopping. Currently zoned as R-7, the seller is open to a long escrow to accommodate a conditional use permit application with the City for a PUD Planned Unit Development or possible zoning change to higher density residential. The City of North Bend owns the lot to the East and may be willing to surpluss the lot to a developer that will incorporate more housing on that lot. Zoning information, survey maps, opportunity zone info, and harvestability documents are available upon request. See photos and fly-through video for an aerial and interior view inside the lot lines. Merchantable timber on the property was valued at $42,000 by Messerle and Sons several years ago. Investing in an Opportunity Zone can offer tax incentives, capital gains deferral or reductions, etc - ask for the documents available for more information. This investment in an opportunity zone would also contribute to improving the local economy and community, in need of more housing. Our local SCDC South Coast Development Center is available for more Development opportunities, grants, programs, and resources.

Location

State OR

County Coos

Area _260

Zoning R-7

Exterior

Utilities Available ElectricityAvailable, PublicSewer, WaterAvailable

View City, Territorial, Trees Woods

Garage No

Building

Lot Description Stream, Wooded

Schools

Elementary Schools Hillcrest

Middle Schools North Bend

High Schools North Bend

Others

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Virtual Tour https://youtu.be/LiyP1gEShcQ?si=SlwKxVAF4DTHlicn

Regional Multiple Listing Service (RMLS)

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agent

Jamie Batte

Broker | License ID: 200109174

+1(541) 890-1089

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