0 5th St Unit 507579197 Gervais, OR 97026
Estimated payment $2,129/month
Highlights
- City View
- No HOA
- No Heating
- 0.57 Acre Lot
- Level Lot
About This Lot
This property offers strong investment value due to its flexible zoning and strategic location. Currently zoned industrial for a planned storage complex, it may also be converted back to residential or, with city approval, to commercial for a 12-plex multi-family development. Complete engineering and design plans increase readiness for development. The seller holds all plans. The lot measures 225'x110' and is ready for use, with water, electricity, and an 8" city-approved sewer line already on-site. Potential high-value uses include rental shop spaces for autobody or mechanic work, or a crossfit gym.
Listing Agent
Premiere Property Group, LLC License #201217839 Listed on: 06/20/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $517
Lot Details
- 0.57 Acre Lot
- Level Lot
- 4 Lots in the community
- Property is zoned Ind/Res
Property Views
- City Views
Schools
- Gervais Elementary And Middle School
- Gervais High School
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 599382
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $517 | $24,590 | $24,590 | -- |
| 2023 | $458 | $23,880 | $23,880 | $0 |
| 2022 | $433 | $23,190 | $0 | $0 |
| 2021 | $0 | $22,520 | $0 | $0 |
| 2020 | $421 | $21,870 | $0 | $0 |
| 2019 | $397 | $21,240 | $0 | $0 |
| 2018 | $390 | $0 | $0 | $0 |
| 2017 | $378 | $0 | $0 | $0 |
| 2016 | $368 | $0 | $0 | $0 |
| 2015 | $359 | $0 | $0 | $0 |
| 2014 | $346 | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | Pending | -- | -- | -- |
| 08/20/2025 08/20/25 | Price Changed | $395,000 | -10.2% | -- |
| 06/20/2025 06/20/25 | For Sale | $440,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | First American | |
| Warranty Deed | $170,000 | First American Title | |
| Warranty Deed | $20,500 | First American |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 507579197
APN: 599382
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