Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Cypress St Christmas Valley, OR 97641

    View on Map
    Sponsored
    For Sale
    Contact for pricing

    LAND - Christmas Valley, OR

    Lot size:
    0.33 Acres
    Days on Market:
    80
    Last Refresh:
    Mar 28 at 3:06 pm

    Property Features for Cypress St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1
    APN
    3836
    Lot size
    0.33 Acres

    We can help!

    Listing Contact
    Robert Tessmer

    Cascade Land And Homes LLC

    Listing agent Robert Tessmer License #201231455

    Listing date Jan 7, 2026

    MLS# 3007185

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Buildable Land Near Golf Course

    This .33-acre parcel is a buildable lot with community water available at the road edge. New fiber optic infrastructure has been recently installed at the road edge. Situated across from the golf course, the property is located in a sought-after area of Christmas Valley. It is approximately 4-5 minutes from town for supplies, allowing convenient access to the store and post office. The flat parcel has power and phone services available at the property's edge. The property is located off Christmas Valley HWY, then onto Christmas Tree Lane, and left on Cypress Street in Christmas Valley, OR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Christmas Valley
    County
    Lake
    State
    Oregon
    Longitude
    -120.6868737
    Latitude
    43.2486691

    Nearby Similar for Sale

    • $475,000
      960 SF

      Productive Farmstead in Christmas Valley

      120-acre farm with home, wells, barns, and shop.
      91497 Christmas Valley Hwy, Christmas Valley, OR 97641
      View Details
    • $349,900
      2,800 SF

      Christmas Valley Commercial Meeting Hall

      Versatile commercial space suitable for various business or community purposes.
      86962 Aspen Ln, Christmas Valley, OR 97641
      View Details
    • $35,000
      1.03 Acres

      Airport Access Parcel For Sale

      Corner lot with runway access, utilities, and fire hydrant.
      Christmas Valley Hwy, Christmas Valley, OR 97641
      View Details
    • Contact for pricing
      20.00 Acres

      20 Acres in Christmas Valley

      20 acres zoned A2, perfect for homestead or recreation.
      Oil Dri Rd, Christmas Valley, OR 97641
      View Details
    • Contact for pricing
      1,152 SF

      Eastern Oregon Alfalfa Farm

      274.19-acre alfalfa farm with robust irrigation system.
      59349 Oil Dri Rd, Christmas Valley, OR 97641
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Large .33-acre parcel near golf course with utilities available.
    Where is this residential land & home lot located?
    The property is located at Cypress St Christmas Valley, OR.
    What is the asking price?
    The asking price for this property is $8,000.
    What are key features of this property?
    This property features: - Buildable .33-acre parcel across from the golf course in sought-after Christmas Valley.; - Community water available at the road edge.; - **New fiber optic internet installed at the road edge.**
    (541) 405-4145
    Request Owner's contact information
    Cypress St Christmas Valley, OR 97641
    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.
    Cypress St
    Christmas Valley, OR 97641
    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
    Cypress St Christmas Valley, OR 97641
    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
    Robert Tessmer
    Real Estate License ID: 201231455
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!