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Geothermal Energy Land with Deep Well
For Sale
$12,500,000

13340 Crystal Springs Rd, Klamath Falls, OR 97603

Includes the existing Olene O-1N deep geothermal well plus on-site residence and farm-style improvements in Olene Gap.

Property SizeContact for details
Days on Market12

Property Features for 13340 Crystal Springs Rd

General Information

Standard status Active
Listing Agency: Coldwell Banker Holman Premier
Listed By: Justin Sparks
Source: Exprealty
Added: Jul 24 Changed: Jul 30 Last Checked: Jul 31 at 1:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Holman Premier

Investment Insights

Based on property information with market context.

This geothermal energy land offering includes the existing Olene O-1N deep geothermal well, along with the surrounding land and site improvements at 13340 Crystal Springs Road. The O-1N well was drilled as part of a prior commercial geothermal power-development project.

The property is located in the Olene Gap area of Klamath County. Historical drilling records and geothermal documentation related to O-1N are available for review by qualified prospective purchasers.

In addition to the geothermal well, the site includes a 1,152 SF residence, a machine shed, a barn, and additional site improvements. Potential applications may include geothermal power generation or energy-intensive development, subject to required approvals and infrastructure. Buyers should independently investigate the geothermal resource and suitability for their intended use.

Key Highlights

  • Existing Olene O‑1N deep geothermal well
  • Historical drilling records and geothermal documentation available for review
  • 1,152 SF residence on site

Property Analytics

Current Use

Alt. Energy / Solar ...

Suggested Use

Top Pick Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 97603, OR

31,302
Population
13,568
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
91%
High-School Grad
340.6 sq mi
ZIP Area
92
Density / Sq Mi
$64,272
Median Household Income
$41,124
Median Earnings
$987
Median Rent
$251,100
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Alt. Energy / Solar Land - Includes the existing Olene O-1N deep geothermal well plus on-site residence and farm-style improvements in Olene Gap.
Where is this alt. energy / solar land located?
The property is located at 13340 Crystal Springs Rd Klamath Falls, OR.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: Existing Olene O‑1N deep geothermal well; Historical drilling records and geothermal documentation available for review; 1,152 SF residence on site
More about this property
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