Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    300 Off Pierce St Burns, OR 97720

    Sponsored
    For Sale
    $35,000

    Vacant Land - Burns, OR

    Lot size:
    0.25 Acres
    Days on Market:
    130
    Last Refresh:
    Jan 26 at 10:06 pm

    Property Features for 300 Off Pierce St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    100
    Parking features
    Garage
    Lot size
    0.25 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Amaya Pallotta

    Jett Blackburn Real Estate Inc. (541) 573-7206

    Listing agent Amaya Pallotta (541) 413-5660

    Listing date Sep 19, 2025

    MLS# 11576841 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Lot with Foundation Start

    This residential lot, situated on Pierce St. in Burns, Oregon, offers an opportunity to build a home in a central location with a private feel. The property includes a foundation already in place, along with matching house plans. The lot, measuring 0.25 acres, provides a gentle view of the city from its slightly elevated setting, within a peaceful residential atmosphere. The legal description is T23 S., R30 E.W.M. SEC 13CB TL300. The 2024 taxes are $274.66. Financing options include cash or bank. This property is zoned 100.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Burns
    County
    Harney
    State
    Oregon
    Longitude
    -119.076193
    Latitude
    43.578286

    Nearby Similar for Sale

    • $5,250,000
      2,419 SF

      Oregon Farm/Estate with Water Rights

      Certified organic farm with water rights and livestock infrastructure.
      2900 Off Weaver Spg Rd, Burns, OR 97720
      View Details
    • $1,750,000
      1,456 SF

      Eastern Oregon Farm and Estate

      Farm with irrigation, home, outbuildings, and income potential near Burns.
      29328 Weaver Springs Ln, Burns, OR 97720
      View Details
    • $2,750,000
      2,176 SF

      Irrigated Farm and Estate, Burns

      Eastern Oregon farm with extensive irrigation and grazing potential.
      70785 Old Experiment Rd, Burns, OR 97720
      View Details
    • $890,000
      1,188 SF

      Oregon Farmstead with River Frontage

      161.67-acre farmstead with water rights, home, and agricultural infrastructure.
      30492 Stancliff Ln, Burns, OR 97720
      View Details
    • $1,975,000
      2,576 SF

      Versatile Ranch with Hunting Potential

      Eastern Oregon ranch combining cattle operations with recreational opportunities.
      61687 Lawen Rd, Burns, OR 97720
      View Details
    • $749,000
      80.00 Acres

      Harney County Land with Home

      80-acre property with a home, guest cabins, and pond.
      66410 Crane Buchanan Rd, Burns, OR 97720
      View Details
    • $299,500
      4,744 SF

      Industrial Property with Rental Income

      Industrial property in Burns, Oregon with shop and living quarters.
      111 E Railroad Ave, Burns, OR 97720
      View Details
    • $9,750,000
      4,958.70 Acres

      Eastern Oregon Organic Farm

      Large organic farm with extensive irrigation and hay production.
      2501 Off Weaver Spg Ln, Burns, OR 97720
      View Details
    • $2,950,000
      5,009 SF

      Eastern Oregon Farm/Estate with Upgrades

      Farm/ranch near Burns, Oregon, featuring ample hay storage and improvements.
      Tbd Weaver Spg Ln, Burns, OR 97720
      View Details
    • $5,900,000
      1,719.45 Acres

      Eastern Oregon Turn-Key Hay Farm

      1719.45 acre turn-key hay farm with extensive water rights.
      30040 Weaver Springs Rd, Burns, OR 97720
      View Details
    • $1,850,000
      720.00 Acres

      Eastern Oregon Farmland Opportunity

      720-acre farm with efficient irrigation near Burns and Crane, Oregon.
      2100 Off Hwy 78, Burns, OR 97720
      View Details
    • $245,000
      0.26 Acres

      Versatile Commercial Property in Burns, OR

      Commercial property with versatile space, high visibility, and income potential.
      379 N Broadway Ave, Burns, OR 97720
      View Details

    FAQs

    What type of property is this?
    Land - Residential lot in Burns, OR with foundation and house plans.
    Where is this land located?
    The property is located at 300 Off Pierce St Burns, OR.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: - Solid foundation start already in place.; - House plans drawn to match the existing foundation.; - Desirable residential lot in the heart of town with a private feel.
    (541) 413-5776
    Request Owner's contact information
    300 Off Pierce St Burns, OR 97720
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    300 Off Pierce St
    Burns, OR 97720
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    300 Off Pierce St Burns, OR 97720
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Amaya Pallotta
    (541) 413-5776
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.