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32761 State Highway 38 - Wells Creek & Angler RV Reports 4.52 Acres of Commercial Land Offered at $995,000 in Scottsburg, OR 97473
EXECUTIVE SUMMARY
*** Do not disturb tenants, occupants or owners. 24 hour notice/appointment only for showings. Contact listing broker(s).***
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
| Price | $995,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.52 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | CRC | ||
| Price | $995,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.52 AC |
| Opportunity Zone |
Yes |
| Zoning | CRC |
1 LOT AVAILABLE
Lot R43991
| Price | $995,000 | Lot Size | 4.52 AC |
| Price Per AC | $220,132.74 |
| Price | $995,000 |
| Price Per AC | $220,132.74 |
| Lot Size | 4.52 AC |
Two lots R43991 at 3.78ac & R17731 at 1.24ac
DESCRIPTION
This property offers a prime location with scenic views at the top of the property while hidden along the back with high traffic volume, making it an excellent investment opportunity. Its proximity to the Umpqua River, Oregon Dunes National Recreation Area, and Winchester Bay attracts a steady flow of visitors and outdoor enthusiasts. The amenities—16 RV spots, a cabin, house, two mobile homes, and a cafe/bar—provide multiple multiple revenue streams. Currently the Owner management has been a hands-on operation, there is significant potential for income growth, especially given the high daily traffic of 5,000-7,000 cars. This setup is ideal for an investor looking to expand or enhance hospitality offerings in a popular tourist destination.
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32761 State Highway 38 - Wells Creek & Angler RV Reports
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