Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Creekfront Land in Pompadour Estates Title is generated by Realmo AI

    141 Majestic Lane, Ashland, OR 97520

    View on Map
    Claim this Listing
    For Sale
    $259,000

    LAND - Ashland, OR

    Lot size:
    1.80 Acres
    Added:
    Feb 11, 2025
    Days on Market:
    459
    Last Refresh:
    May 16 at 12:06 am

    Property Features for 141 Majestic Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    11010618
    Lot size
    1.80 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    7

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Septic Needed

    We can help!

    Listing Contact
    Bradley F Farrell
    Bradley F Farrell

    Listing agent Bradley F Farrell License #201236557

    Listing office RE/MAX Integrity Grants Pass 1830 NE 7th Street, Medford, OR

    Listing date Feb 11, 2025

    MLS# 220195695 Listing URL

    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.

    HighLights

    • Exclusive creekfront location with unparalleled natural beauty, offering peace, privacy, and the soothing sound of flowing water.
    • Only property in Pompadour Estates with access to a tranquil creek.
    • Approved plans and permits for an 88‑foot bridge, ensuring privacy and separation.
    • All necessary permits included (bridge and home) for immediate construction.
    • Proximity to Ashland Airport, ideal for airplane owners.
    • Electricity available.

    Overview

    This unique property in Pompadour Estates offers a rare opportunity for secluded living. As the only property in the neighborhood with access to a tranquil creek, it provides peace, privacy, and natural beauty. Approved plans are in place for an 88-foot bridge, ensuring the property remains untouched and separated. The creekfront location is designed to provide serene views and the soothing sound of flowing water, ideal for those who value relaxation and nature. The property comes with all necessary permits, including the bridge and home permits, allowing for immediate construction of a dream home. Its proximity to the Ashland Airport makes it suitable for airplane owners to store their aircraft. The lot size is 1.8 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ashland
    County
    Jackson
    State
    Oregon
    Longitude
    -122.661813
    Latitude
    42.194106

    Nearby Similar for Sale

    • $550,000
      4,390 SF

      Ashland Commercial Building For Sale

      4,393 SF Ashland building suitable for multiple uses.
      400 Williamson Way, Ashland, OR 97520
      View Details
    • $795,000

      Ashland Commercial Land For Sale

      3.57-acre commercial lot with versatile zoning near I-5.
      799 E Jefferson Avenue, Ashland, OR 97520
      View Details
    • $149,000

      Turnkey Restaurant Opportunity in Ashland

      Fully operational restaurant with residential space and strong revenue.
      1667 Siskiyou Boulevard, Ashland, OR 97520
      View Details
    • $760,000
      3,850 SF

      Downtown Ashland Commercial Building For Sale

      Versatile commercial building in downtown Ashland near Oregon Shakespeare Festival.
      116 Lithia Way, Ashland, OR 97520
      View Details
    • $855,000
      1,440 SF

      Ashland Duplex: Investment Opportunity

      Well-maintained duplex in Ashland with redevelopment potential.
      128 S Mountain Avenue, Ashland, OR 97520
      View Details
    • $975,000
      3,277 SF

      Historic Ashland Multifamily Residence

      Renovated multifamily property with detached ARU in downtown Ashland.
      19 Gresham Street, Ashland, OR 97520
      View Details
    • $2,250,000
      12,852 SF

      Ashland Motel with Restaurant Space

      44-room motel with restaurant space and mountain views.
      50 Lowe Road, Ashland, OR 97520
      View Details
    • $1,150,000
      3,539 SF

      Established Restaurant on Highway 99

      Turnkey Mexican restaurant with real estate in thriving Ashland location.
      1633 N Hwy 99, Ashland, OR 97520
      View Details
    • $300,000

      Iconic Ashland Restaurant Opportunity

      Established restaurant with loyal customer base and outdoor seating.
      84 N Main Street, Ashland, OR 97520
      View Details
    • $965,000
      3,270 SF

      Updated Residences in Ashland, Oregon

      Two updated homes plus studio on one lot in Ashland.
      563 Rock Street, Ashland, OR 97520
      View Details
    • $525,000

      Ashland Development Property with Views

      5.5 acres of split-zoned land with potential homesites.
      Pape Street, Ashland, OR 97520
      View Details
    • $750,000
      2,831 SF

      Ashland Duplex with Rental Income

      Spacious duplex in Ashland, ideal for owner-occupancy or investment.
      369 Alta Avenue, Ashland, OR 97520
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Secluded land with creek access and approved permits in Ashland.
    Where is this residential land & home lot located?
    The property is located at 141 Majestic Lane Ashland, OR.
    What is the asking price?
    The asking price for this property is $259,000.
    What are key features of this property?
    This property features: Exclusive creekfront location with unparalleled natural beauty, offering peace, privacy, and the soothing sound of flowing water.; Only property in Pompadour Estates with access to a tranquil creek.; Approved plans and permits for an 88‑foot bridge, ensuring privacy and separation.
    (786) 717-0798
    We can help!
    Listing Contact
    Bradley F Farrell
    Bradley F Farrell
    Real Estate License ID: 201236557
    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

    Thank You for Inquiry
    141 Majestic Lane, Ashland, OR 97520
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!