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    573 Frankton Rd Hood River, OR 97031

    For Sale
    $2,999,888

    LAND - HoodRiver, OR

    Type:Single Family Residence
    Lot size:
    2.57 Acres
    Days on Market:
    167
    Last Refresh:
    Dec 14 at 9:06 pm

    Property Features for 573 Frankton Rd

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    UR1
    APN
    9502
    Lot size
    2.57 Acres

    LUXE Forbes Global Properties (503) 389-2112 [email protected], [email protected]

    Listing agent Paul Trakarn (503) 389-2112

    Listing date Jul 1, 2025

    MLS# 635068458 Listing URL

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hood River Development Opportunity

    This 2.57-acre property in Hood River, Oregon, presents a development opportunity for up to 8 lots, with potential new construction homes that could sell for $1m+. The location, off Country Club Rd on Frankton Rd, borders incorporated city limits and offers views of Mt. Adams and the gorge. It is located within 5 minutes of schools, shopping amenities, vineyards and attractions. The property currently includes a single-story ranch residence with a detached garage/shop, providing a potential cash flow of $3k monthly while development is underway. The zoning is UR1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hood River
    County
    Hood River
    State
    Oregon
    Longitude
    -121.554174
    Latitude
    45.702968

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    FAQs

    What type of property is this?
    Residential land & home lot - 2.57 acre development opportunity in Hood River, Oregon.
    Where is this residential land & home lot located?
    The property is located at 573 Frankton Rd Hood River, OR.
    What is the asking price?
    The asking price for this property is $2,999,888.
    What are key features of this property?
    This property features: - Development opportunity for up to 8 lots.; - Potential to build new construction homes valued at $1m+.; - **Immaculate location off Country Club Rd with views of Mt. Adams and the gorge.**
    (503) 389-2112
    Request Owner's contact information
    573 Frankton Rd Hood River, OR 97031
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    Hood River, OR 97031
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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
    573 Frankton Rd Hood River, OR 97031
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