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  • 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

    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.
    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#: 220194455MLS Logo

      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
        DateEventPrice
        2/4/2026Price change$195,500-1.3%
        Source: Oregon Datashare #220194455 Report a problem
        11/26/2025Price change$198,000-22.4%
        Source: Oregon Datashare #220194455 Report a problem
        8/13/2025Price change$255,000-1.9%
        Source: Oregon Datashare #220194455 Report a problem
        4/12/2025Price change$260,000-11.9%
        Source: Oregon Datashare #220194455 Report a problem
        1/14/2025Listed for sale$295,000+210.5%
        Source: Oregon Datashare #220194455 Report a problem
        7/6/2022Sold$95,000
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax 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.
        See how much you could borrow to make a competitive offer.

        Boost your down payment with 6% savings match

        Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

        Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

        Climate risks

        Neighborhood: 97532

        Getting around

        27 / 100
        Car-Dependent
        8 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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

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