0 Newmark Street

0 Newmark Street

North Bend, OR 97459

$650,000
Price
352,400 / 8.09
Lot Size / Acres

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Virtual Tour

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a view of outdoor space and yard
a view of outdoor space with lots of trees
a view of swimming pool and trees
a view of outdoor space and yard
a view of outdoor space with lots of trees
a view of outdoor space and yard
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Description

Located in an OPPORTUNITY ZONE, this 8-acre parcel in North Bend City Limits offers prime potential for multi-residential development. Positioned on the 2nd highest trafficked road off Highway 101, it's centrally located between Coos Bay and North Bend. Currently zoned as R-7, the seller is open to a long escrow to accommodate a rezoning contingency. Zoning information and planning documents are available upon request. Photos and a fly-through video provide a detailed look inside the lot lines. The...Located in an OPPORTUNITY ZONE, this 8-acre parcel in North Bend City Limits offers prime potential for multi-residential development. Positioned on the 2nd highest trafficked road off Highway 101, it's centrally located between Coos Bay and North Bend. Currently zoned as R-7, the seller is open to a long escrow to accommodate a rezoning contingency. Zoning information and planning documents are available upon request. Photos and a fly-through video provide a detailed look inside the lot lines. The listing includes approximate lot line boundaries via aerial photos, marked corner survey points, and multiple survey documents from Stuntzner Engineering. Merchantable timber on the property was valued at $42,000 by Messerle and Sons, adding another layer of potential revenue. Investing in an Opportunity Zone can offer tax incentives, capital gains deferral until December 31, 2026, capital gains reduction for holding periods of at least five or seven years, and tax-free gains for investments held for at least 10 years. This investment can also contribute to improving the local economy and community, in need of more housing. Contact North Bend City Planning Department for more details on the Opportunity Zone benefits consult with a tax/financial advisor on the Opportunity Zone advantages.
  1. Listed by Samantha Oswald • National Real Estate

Property Details for 0 Newmark Street

Zoning
R-7
View
City, Territorial, Trees Woods

Location

Listing Courtesy of National Real Estate
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LISTING UPDATED: 04/07/2024 01:29 PM

Property Details for 0 Newmark Street

StatusActive
MLS #23622120
Days on Market212
Taxes$3,054 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Multi Family
Year Built-
Lot Size8.09 AC
CountyCoos County

Location

Listing Courtesy of National Real Estate
Add your commute

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Building Information for 0 Newmark Street

Building Size-Lot Size8.09 AC

Payment Calculator

$3,802 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$255

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 Newmark Street

Summary
Location and General Information
  • Country: US
  • Directions: Highway 101 to Newmark, right-hand side before Kenware Chevrolet dealership
  • Road Surface: Paved
School Information
  • Elementary School: Hillcrest
  • High School: North Bend
  • Middle Or Junior School: North Bend
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $3,054.01
  • Parcel Number: 356321
  • Tax Legal Description: 25S-13W-22BA TL 2100
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Property
Lot Information
  • Acres: 8.09
  • Lot Description: Stream, Wooded
  • Lot Size Square Feet: 352400.0
  • Number Of Lots Total: 1
  • Current Use: Timber
  • Land Description: Gentle Sloping, Level, Rolling Slope
  • Lot Size Range: Acres7to10
  • Lot Size: 7 to 9.99 Acres
Property and Assessments
  • Property Sub Type: Multi Family
  • Property Type: Land
Utilities
  • Utilities: Electricity Available, Public Sewer, Water Available
Interior and Exterior Features
Exterior Features
  • Soil Condition: Native
  • Existing Structures Description: None

Schools near 0 Newmark Street

This home is within North Bend School District 13.
Rating
School
Type
Grades
Distance
Hillcrest Elementary School
Public - K to 5
North Bend Middle School
Public - 6 to 8
North Bend Senior High School
Public - 9 to 12
Oregon Virtual Academy
Charter - K to 12
Rating
School
Distance
Hillcrest Elementary School
PublicK to 5

North Bend Middle School
Public6 to 8

North Bend Senior High School
Public9 to 12

Oregon Virtual Academy
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 0 Newmark Street, North Bend, OR 97459

0 Newmark Street is a 8.09 ac of land for sale in North Bend, OR 97459. This property was listed for sale on October 4, 2023 by National Real Estate, it's currently listed at $650,000. This listing's school district is North Bend School District 13. Nearby schools include Hillcrest Elementary School, North Bend Middle School and North Bend Senior High School. 0 Newmark Street is a 0-bed, 0-bath, 8.09 ac of land on a 352,400 sq. ft. / 8.09 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of National Real Estate

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 04/07/2024 01:29 PM