Klamath Falls High-Density Zoned
For Sale
$1,800,000
College Way, Klamath Falls, OR 97601
COMMERCIAL - Klamath Falls, OR
Property SizeContact for details
Lot Size30.90 Acres
Days on Market163
Property Features for College Way
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
PUD
Elementary school
Pelican Elem
Middle school
Ponderosa Middle
High school
Klamath Union High School
Directions
Heading North on 97, turn right on Dan O'Brein Way, Turn Left onto Industrial Park Dr.
Standard status
Active
APN
430714
Lot size
30.90 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2669
Utilities
Utilities
Cable Available
Water source
Public
Listing Agency:
Home Quest Realty
(541) 774-5503
Listed By:
Arron Waldron · License #201001094
(541) 951-5081
Added: Mar 2
Changed: Aug 4
Last Checked: Aug 12 at 12:06AM
MLS# 220216227
Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 30.9-acre parcel is located in Klamath Falls, Oregon, in a vital professional corridor. Situated two blocks from the Oregon Institute of Technology and Sky Lakes Medical Center, the property is zoned for high-density residential use, including modern townhomes, and high-visibility commercial applications. The location offers walkability to major employers and educational hubs, with proximity to shopping centers, dining, and essential services. The area is known for stability and consistent growth, making it suitable for student housing, medical professional residences, and supporting commercial services. The flexible zoning designations support diverse development opportunities.
Key Highlights
- High‑density zoning allows for diverse development options.
- Prime location in Klamath Falls' professional corridor.
- Unbeatable walkability to Oregon Institute of Technology and Sky Lakes Medical Center.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
469
Businesses Nearby
Explore this area
Business Placement
Demographics for 97601, OR
23,264
Population
10,936
Households
2.1
Avg Household Size
40
Median Age
24%
College-Educated
88%
High-School Grad
577.8 sq mi
ZIP Area
40
Density / Sq Mi
$53,333
Median Household Income
$31,011
Median Earnings
$972
Median Rent
$266,500
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Rare land parcel near Oregon Tech and Sky Lakes Medical.
Where is this commercial land located?
The property is located at College Way Klamath Falls, OR.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: High‑density zoning allows for diverse development options.; Prime location in Klamath Falls' professional corridor.; Unbeatable walkability to Oregon Institute of Technology and Sky Lakes Medical Center.
