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

    US Forest Rd. 4020 Lakeview, OR 97630

    View on Map
    Claim this Listing
    For Sale
    $50,000

    LAND - Lakeview, OR

    Lot size:
    40.00 Acres
    Added:
    Jun 5, 2025
    Days on Market:
    322
    Last Refresh:
    Apr 22 at 2:06 pm

    Property Features for US Forest Rd. 4020

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    A-2
    Standard status
    Active
    APN
    15944
    Lot size
    40.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    325

    We can help!

    Listing Contact
    Randy Utley

    Listing agent Randy Utley License #940500106

    Listing office Favell-Utley Corporation 120 E. Street N, Lakeview, OR

    Listing date Jun 5, 2025

    MLS# 3007601 Listing URL

    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.

    Overview

    Tranquil 40 Acres Near Lakeview

    This tranquil 40-acre property is located close to Fall Valley and Renner Reservoir, west of Lakeview. The A-2 zoned land offers opportunities for camping and recreation. Potential activities include exploring, camping, rock hounding, and hunting. The property is situated within a large cattle ranch. Note that the property is not surveyed, and access is not deeded; interested parties should verify boundaries and points of access. For zoning or building questions, contact the Lake County Planning Department. The provided hunt coordinates are approximately 42.01698, -120.65640. All information is believed to be reasonably correct, but no warranties are made as to its accuracy, and errors and omissions are excepted.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Lakeview
    County
    Lake
    State
    Oregon
    Longitude
    -120.605
    Latitude
    42.2283

    Nearby Similar for Sale

    • $289,000

      Lakeview Commercial Opportunity

      1,513 sqft building in prime location with endless possibilities.
      728 N 4th St., Lakeview, OR 97630
      View Details
    • $129,000
      4,233 SF

      Lakeview Multi-Family Property For Sale

      4,233 sq ft multi-family property in Lakeview, Oregon.
      207 N L St., Lakeview, OR 97630
      View Details
    • $322,000

      Lakeview Oregon 40-Acre Retreat

      40 acres bordering state park and national forest with utilities.
      89384 Hwy 140, Lakeview, OR 97630
      View Details
    • $26,000

      Commercial Lots Near Highway 395

      Four commercial lots near State Hwy 395 in Lakeview, Oregon.
      S G St/Hwy 395, Lakeview, OR 97630
      View Details
    • $89,900

      Lakeview Acreage with Mountain Views

      16.98 acre home site with mountain and valley views.
      Hwy 140, Lakeview, OR 97630
      View Details
    • $149,900

      Lakeview, OR Commercial Land

      10.68 acre commercial land with highway frontage and geyser views.
      HWY 395, Lakeview, OR 97630
      View Details
    • $215,000
      1,650 SF

      Established Restaurant in Lakeview, Oregon

      Thriving restaurant with recent renovations and high traffic location.
      27 N F Street, Lakeview, OR 97630
      View Details
    • $49,900

      Commercial Land on Highway 395

      Vacant commercial land with highway exposure in Lakeview, Oregon.
      HWY 395, Lakeview, OR 97630
      View Details
    • $209,000

      Lakeview Land with New Barn

      9.77 acres near Valley Falls, Oregon, with new steel barn.
      27927 Hwy 395, Lakeview, OR 97630
      View Details
    • $20,000

      Lakeview, OR 10-Acre Land

      10 acres near Drews Reservoir and Fish Creek.
      Lakeview HWY 140, Lakeview, OR 97630
      View Details
    • $30,000

      Residential Land in Lakeview, Oregon

      Building site available on a 0.27 acre lot.
      Drake St lot: 24, Lakeview, OR 97630
      View Details
    • $42,000

      Residential Lots in Lakeview, Oregon

      Residential lots available within city limits with city utilities.
      Roberta Ave, Lakeview, OR 97630
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 40 acres for camping, recreation, rock hounding, and hunting.
    Where is this agricultural land / farmland located?
    The property is located at US Forest Rd. 4020 Lakeview, OR.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: Large 40‑acre property offers privacy and space.; Located near Fall Valley and Renner Reservoir, west of Lakeview.; Recreational opportunities include camping, exploring, rock hounding, and hunting.
    (541) 947-2161
    We can help!
    Listing Contact
    Randy Utley
    Real Estate License ID: 940500106
    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!