#328468854, Shai Cancino, Listing Office: Mast Realty Group
Property details
About 0 Newmark
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.
Highlights
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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
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Last updated on: 4/25/2025, 3:20:55 PM 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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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. Residents of this area typically have post secondary degree education.
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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.
In March 2025 more than 3 listings in North Bend, OR were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 6 were sold below. Between February and March 2025, North Bend, OR real estate market has seen increase in the number of listings by 9.8%. In March 2025 median list price was $372,000 and the average listing age was 30 days.