0 Newmark

NorthBend, 97459

  • Bed

  • Bath

  • SqFt

  • 636 DOM

  • Built:

  • Status: Active

$700,000

X

0 Newmark

NorthBend 97459

$700000

  • Bed

  • Bath

  • SqFt

  • 636 DOM

  • Built:

  • Status: Active

Love this home?

Venkatesan Muthu

Broker

(971) 330-1856

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.

Features and Utilities

Similar Properties

$495,000

  • Bed

  • Bath

  • 0 SqFt

  • 13 DOM

  • 0 Stanton ST, NorthBend, 97459

$55,000

  • Bed

  • Bath

  • 0 SqFt

  • 20 DOM

  • 00 Exchange, NorthBend, 97459

$45,000

  • Bed

  • Bath

  • 0 SqFt

  • 20 DOM

  • 0 Exchange, NorthBend, 97459

$75,000

  • Bed

  • Bath

  • 0 SqFt

  • 368 DOM

  • 0 Monroe ST, NorthBend, 97459

Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.

— Jagathishp

Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.

— Vignesh Chan

Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.

— Praveen

Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.

— Alishetty

Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.

— Ramren Garajan

Thinking about buying or selling. Let’s Talk.

Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!

Contact Us