7 days on Rocket
#328468854, Shai Cancino, Listing Office: Mast Realty Group
Property details
About 0 Newmark
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.
Highlights
Home typeMulti Family
StatusActive
Lot size8.09 Acres
MLS #23622120
ViewCity, Territorial, Trees/Woods
Virtual tour
Summary
- MLS Number: 23622120
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: National Real Estate
- Office Phone: (541) 252-0964
- Listing Agent: Samantha Oswald
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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 2:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$700,000
0 Newmark
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Price information
Property sales
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Tax history
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Nearby schools
8
Hillcrest Elementary School
Public District KG-5
1.1 mi
•1100 Maine St
5
North Bay Elementary School
Public District KG-5
7.8 mi
•93670 Viking Ln Ste 1
5
Coquille Valley Elementary
Public District 1-6
14.5 mi
•1115 N Baxter St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,780. Most North Bend, OR residents have annual incomes less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
52%
<35k
34%
35k-100k
7%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
47%
Single, No Kids
12%
Single, with Kids
28%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
6%
12-17 yrs old
22%
18-34 yrs old
35%
35-64 yrs old
23%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Horse Races
Figure Skating
Where do the neighbors shop?
Chico's
Stein Mart
Family Dollar
Where do the neighbors go to eat?
Cracker Barrel
LongHorn Steakhouse
Bob Evans
What do the neighbors drive?
Buick
Oldsmobile
Chevrolet
What do the neighbors listen to?
Soft Adult Contemporary
Contemporary Inspirational
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 0 Newmark
This home is located at 0 Newmark in North Bend, OR and zip code 97459. Features: 0 bathroom. It has been listed on Rocket Homes since October 4, 2023 and is currently priced at $700,000.
North Bend, OR housing market in February 2025 saw over 1 listings sold above listed price, more than 6 sold at listed price and over 1 sold below. In February 2025 in North Bend, OR there were 11.1% more homes for sale than in January. While the average time on the market in February 2025 was 39 days, the median list price was $372,000.
From Rocket Homes Real Estate and based on county public records data.