$195,000
SOLD MAY 15, 2025

950 2nd St NE Bandon, OR 97411

0.39 Acre
$500,000 Price per Acre
16,988 Sq Ft Lot

Recently Sold

$232 Per Sq Ft

7% Below List Price

12 Days on Market

Highlights

  • City View
  • No HOA
  • High Speed Internet
  • Ocean Crest Elementary School Rated 9+
  • Landscaped with Trees
  • Level Lot

About This Lot

As of May 2025

PRIME Highway 101 Commercial Land Opportunity – High-Traffic, High-Visibility Location. This exceptional .39-acre (approx. 173' x 100') commercial land parcel, comprised of 2 tax lots, is a rare investment opportunity in the Bandon real estate market where commercial land is extremely hard to come across. Zoned C-2, a general commercial zoning, this versatile property offers a wide range of permitted and conditional uses, making it ideal for entrepreneurs, developers, or investors looking to establish a presence in a prime location. Situated on the highly visible Oregon Coast Highway 101, along with additional frontage and access from 3rd Street, the site benefits from consistent exposure to both local and visitor traffic. Its level terrain ensures ease of development, while its strategic position near Bandon Shopping Center and just up the hill from Old Town Bandon enhances its commercial appeal. Whether you're looking to expand your portfolio, launch a new enterprise, or secure a high-traffic location for your business, this property represents an outstanding value in today’s local market. Offered at a highly competitive price, this is a unique chance to acquire a sought-after commercial site in one of the Oregon Coast’s most desirable locations. Contact us today for additional details and to explore the potential this property holds for your investment goals.

Last Agent to Sell the Property

Virgil Llewellyn

eXp Realty, LLC License #200107003 Listed on: 02/14/2025

eXp Realty, LLC

Co-Listed By

Renee Llewellyn

eXp Realty, LLC License #201231294

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,056

Lot Details

  • 0.39 Acre Lot
  • Level Lot
  • Cleared Lot
  • Landscaped with Trees
  • 2 Lots in the community
  • Property is zoned C-2

Property Views

  • City
  • Territorial

Home Design

  • Mixed Use

Schools

  • Ocean Crest Elementary School
  • Harbor Lights Middle School
  • Bandon High School

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2271200

Property Details

Property Type

Land

Est. Annual Taxes

$2,056

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Property Sub Type: MixedUse
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Lot Size: 15,000 to 19,999 SqFt
  • View: Yes
  • Road Frontage: Yes
  • Lot Features: Cleared, PublicRoad, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Other Structures: None
  • View: City,Territorial

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: CableAvailable, ElectricityAvailable, PhoneAvailable, WaterAvailable
  • Internet Service Type: Cable,FiberOptics
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: No

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Ocean Crest
  • High School: Bandon
  • Middle Or Junior School: Harbor Lights

Lot Info

  • Zoning: C-2
  • Present Use: RawLand
  • Soil Condition: Native
  • Land Description: Level
  • Land Lease: No
  • Lot Size Acres: 0.39
  • Lot Size: 173'x100' +/-
  • Lot Size Sq Ft: 16988.0
  • Number Of Lots: 2
  • Parcel #: 2271200
  • Assessor Parcel Number 2: 2271500

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 2055.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2025
Closed on
May 15, 2025
Sold by
Shoemaker Janis D
Bought by
Rogue Credit Union
Seller's Agent
Virgil Llewellyn
eXp Realty, LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$210,000
Sold Price
$195,000
Premium/Discount to List
-$15,000
-7.14%
Views
10
Current Estimated Value
$189,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,046
Avg. Annual Appreciation
-10.78%

Purchase Details

Closed on
Dec 2, 2022
Sold by
Housego Tammy
Bought by
Shoemaker Janis D

Purchase Details

Closed on
Feb 10, 2020
Sold by
Hardin Properties Llc
Bought by
Housego Tammy

Purchase Details

Closed on
Feb 22, 2010
Sold by
Hardin Joyce D
Bought by
Hardin Properties Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $195,000 Amerititle
Warranty Deed $160,000 Amerititle
Warranty Deed $170,000 Ticor Title Company Of Or
Bargain Sale Deed -- None Available
Bargain Sale Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $195,000 -7.1% $232 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
02/14/2025 02/14/25 For Sale $210,000 -- $250 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

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 $1,203 $107,130 -- --
2023 $1,171 $104,010 $0 $0
2022 $1,176 $100,990 $0 $0
2021 $1,513 $131,320 $0 $0
2020 $1,374 $131,320 $0 $0
2019 $1,369 $123,790 $0 $0
2018 $1,288 $120,190 $0 $0
2017 $1,270 $117,820 $0 $0
2016 $1,231 $114,390 $0 $0
2015 $1,162 $111,060 $0 $0
2014 $1,162 $107,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 696540781

Regional Multiple Listing Service (RMLS)

APN: 1002271200