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

    Off Hines Logging Rd NF-47 Hines, OR 97738

    View on Map
    For Sale
    $195,000

    Vacant Land - Hines, OR

    Lot size:
    38.99 Acres
    Added:
    Jul 14, 2023
    Days on Market:
    997
    Last Refresh:
    Apr 5 at 1:06 am

    Property Features for Off Hines Logging Rd NF-47

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    Lot size
    38.99 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1666

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Curt Blackburn

    Listing agent Curt Blackburn

    Listing office Jett Blackburn Real Estate Inc. 707 Ponderosa Village, Burns, OR

    Listing date Jul 14, 2023

    MLS# 11228342 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.

    Overview

    Residential Land with Valley Views

    This Eastern Oregon tract of land has been divided into three separate parcels located within the city limits of Hines, Oregon. Zoned for residential use, the parcels offer views overlooking Burns, Hines, and the Harney Valley. Each parcel borders a county-maintained road, and some public services are available to certain parcels. The land provides an opportunity for building a home and keeping 4-H animals. Parcel #1 consists of 12.17 acres, with estimated taxes of $608+/-, and a well. Parcel #2 includes 15.43 acres, estimated taxes of $771+/-, and water. Parcel #3 comprises 11.39 acres, estimated taxes of $570+/-, water, and sewer access. Paved county road access is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Hines
    County
    Harney
    State
    Oregon
    Longitude
    -119.0958
    Latitude
    43.5435

    Nearby Similar for Sale

    • $725,000
      73,720 SF

      Hines Industrial Building on Acreage

      Large industrial building on 7.8 acres with highway access.
      411 Snow Mountain Avenue, Hines, OR 97738
      View Details
    • $1,000,000
      1,215 SF

      Productive Farm and Estate in Oregon

      281.29-acre farm with water rights, home, shop, and outbuildings.
      27790 Highway 20 W, Hines, OR 97738
      View Details
    • $4,950,000
      1,620 SF

      Turnkey Irrigated Farm and Ranch

      Eastern Oregon farm with infrastructure for cattle and hay production.
      67502 Scott Rd, Hines, OR 97738
      View Details
    • $1,999,999
      2,816 SF

      Eastern Oregon Acreage Estate

      Custom home, shop, and 1,700+ acres for recreation.
      71899 Hines Logging Road, Hines, OR 97738
      View Details
    • $230,000

      Recreational Land Bordering BLM Land

      200+ acre recreational property near Hines, OR, bordering BLM land.
      TL 801 Hines Logging Road, Hines, OR 97738
      View Details
    • $1,200,000

      Eastern Oregon Recreational Grazing Land

      480 acres with irrigated meadows, timber, and hunting opportunities.
      TL 600 Hines Logging Road, Hines, OR 97738
      View Details
    • $1,875,000

      Oregon Recreational Land with Water

      1920-acre recreational property near Hines with water features and hunting.
      TL 1100 Hines Logging Rd, Hines, OR 97738
      View Details
    • $25,000

      Large Vacant Lot in Hines

      0.32 acre lot ready for building in Hines, OR.
      137 S. Saginaw Ave, Hines, OR 97738
      View Details
    • $265,000

      Hines Vacant Land with Utilities

      18.57 acres with power, well, and valley views.
      71132 Hines Logging Road, Hines, OR 97738
      View Details
    • $79,900

      Buildable Lot in Garland Acres

      Rare 1.19-acre buildable lot in Hines, Oregon's Garland Acres.
      TL 200 Knight Drive, Hines, OR 97738
      View Details
    • $2,685,565
      9,026 SF

      Hines Industrial Property For Sale

      Industrial NNN lease property 100% leased by FedEx Ground.
      250 Lottery Ln, Hines, OR
      View Details
    • $69,000

      Industrial Land with Concrete Structure

      9.7 acre industrial lot with existing concrete structure.
      TL800 Snow Mountain Ave., Hines, OR 97738
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Three residential parcels with utilities and valley views in Hines.
    Where is this residential land & home lot located?
    The property is located at Off Hines Logging Rd NF-47 Hines, OR.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: Multiple parcels available (11‑15 acres) zoned residential within city limits.; Water and sewer utilities available on select parcels.; Fantastic views overlooking Burns, Hines, and the Harney Valley.
    (541) 413-5777
    We can help!
    Listing Contact
    Curt Blackburn
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!