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    201 Highway 97, Unit N Chemult, OR 97731

    For Sale
    $299,000

    Commercial Land - Chemult, OR

    Lot size:
    4.34 Acres
    Days on Market:
    171
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 201 Highway 97

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Rsc-c
    APN
    573061
    Exterior features
    Access- All Year, Trees, View of Mountains
    Lot size
    4.34 Acres

    Building Details

    Architectural style
    Other

    Cascade Land And Homes LLC (541) 405-4145

    Listing agent Robert Tessmer (541) 405-4145 License #201231455

    Listing date Jun 18, 2025

    MLS# 3007616 Listing URL

    Copyright © 2025 Lake County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chemult Commercial Land on Highway

    This 4.34-acre vacant commercial land parcel is located in Chemult, Oregon, at the junction of Highway 138 and Highway 97. The property fronts Highway 97 and features mature trees. Zoning allows for multiple approved use types. Situated along the high-traffic Highway 97 and Highway 138, the location is suitable for various business ventures, including campgrounds, bed and breakfasts, or an auto charging station. Power is available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Hotel & Motel Cafe & Coffee Shop Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chemult
    County
    Klamath
    State
    Oregon
    Longitude
    -121.8267279
    Latitude
    43.0769941

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    FAQs

    What type of property is this?
    Commercial land - 4.34 acre commercial land parcel in Chemult, Oregon.
    Where is this commercial land located?
    The property is located at 201 Highway 97, Unit N Chemult, OR.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - 4.34 acres of vacant commercial land; - Amazing location at the junction of HWY 138 and HWY 97; - High traffic count on Highway 97 and Highway 138
    (541) 405-4145
    Request Owner's contact information
    201 Highway 97, Unit N Chemult, OR 97731
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 Highway 97, Unit N Chemult, OR 97731
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