MAJOR PRICE REDUCTION—now $198,000 (down $57,000)! Prime commercial property in the heart of Merlin. This 1.54-acre parcel is zoned Community Commercial and previously held County-approved (with conditions) plans for a 24,900 SF, 8-building, 205-unit storage facility. Those approvals expired in July 2025, but all documents and templates needed to re-engage with the County are ready to go, offering a potential head start for buyers wishing to pursue a similar concept. A non-exclusive, perpetual access easement provides connectivity to Merlin Road via the neighboring Merlin Alternative Center. This is a rare opportunity in a growing commercial corridor with flexibility for a wide range of commercial uses. Seller also owns the adjoining 0.34-acre parcel at 171 Almond St (MLS #220194452) and may consider a package deal.
Active
Price cut: $2.5K (2/4)
$195,500
329 Merlin Rd, Merlin, OR 97532
--beds
0baths
1.54Acres
Investment, Land
Built in ----
1.54 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 439 days |
- 55 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: February 04, 2026 at 01:52pm
Listed by:
Coldwell Banker Pro West R.E. 541-773-6868
Source: Oregon Datashare,MLS#: 220194455
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has fireplace: No
Property
Features
- Fencing: None
- Has view: Yes
- View description: Territorial
Lot
- Size: 1.54 Acres
- Features: Sloped
Details
- Parcel number: R304308
- Zoning description: CC
- Special conditions: Standard
Utilities & green energy
- Sewer: Septic Needed
- Water: None
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Merlin
Financial & listing details
- Tax assessed value: $79,490
- Annual tax amount: $435
- Date on market: 2/4/2026
- Cumulative days on market: 439 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,458/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/4/2026 | Price change | $195,500-1.3% |
Source: | ||
| 11/26/2025 | Price change | $198,000-22.4% |
Source: | ||
| 8/13/2025 | Price change | $255,000-1.9% |
Source: | ||
| 4/12/2025 | Price change | $260,000-11.9% |
Source: | ||
| 1/14/2025 | Listed for sale | $295,000+210.5% |
Source: | ||
| 7/6/2022 | Sold | $95,000 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $436 +18.3% | $57,490 +3% |
| 2023 | $368 +2% | $55,820 |
| 2022 | $361 -0.8% | $55,820 +6.1% |
| 2021 | $364 | $52,630 +3% |
| 2020 | $364 +4% | $51,100 +3% |
| 2019 | $350 | $49,620 +3% |
| 2018 | $350 +1.6% | $48,180 +3% |
| 2017 | $344 +17.5% | $46,780 +3% |
| 2016 | $293 | $45,420 +3% |
| 2015 | $293 +6.1% | $44,100 +3% |
| 2014 | $276 +3.9% | $42,820 +3% |
| 2013 | $266 +2.6% | $41,580 +3% |
| 2012 | $259 +3.4% | $40,370 +3% |
| 2011 | $250 +2% | $39,200 +3% |
| 2010 | $246 +2.8% | $38,060 +3% |
| 2009 | $239 +1.5% | $36,960 +3% |
| 2008 | $235 +3.4% | $35,890 +3% |
| 2007 | $228 +4.2% | $34,850 +6.1% |
| 2005 | $219 +1.4% | $32,860 +3% |
| 2004 | $215 +3.9% | $31,910 +3% |
| 2003 | $207 | $30,990 +3% |
| 2002 | $207 +30% | $30,090 +3% |
| 2001 | $159 | $29,220 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Neighborhood: 97532
Nearby schools
GreatSchools rating
- 8/10Manzanita Elementary SchoolGrades: K-5Distance: 2.6 mi
- 6/10Fleming Middle SchoolGrades: 6-8Distance: 2.5 mi
- 6/10North Valley High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Manzanita Elem
- Middle: Fleming Middle
- High: Hidden Valley High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 97532
- Oregon
- Josephine County
- Merlin
- 97532
- 329 Merlin Rd






