Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Ready-to-Go Building Lot Title is generated by Realmo AI

    25 Roosevelt Avenue Unit 12, Umatilla, OR 97882

    View on Map
    Claim this Listing
    For Sale
    $69,000

    Building lot with utilities and territorial views in Umatilla.

    Type:Land / Mixed Use
    Property size:
    10,018 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $6/SF
    Added:
    Sep 11, 2025
    Days on Market:
    269
    Last Refresh:
    Mar 13 at 6:13 pm

    Property Features for 25 Roosevelt Avenue Unit 12

    General Information

    Standard status
    Active
    Size
    10,018 SF
    Lot size
    0.23 Acres
    Property subtype
    Land / Mixed Use

    We can help!

    Listing Contact
    Michele Rennie
    Michele Rennie

    Listing agent Michele Rennie License #201216042

    Listing office eXp Realty, LLC

    Listing date Sep 11, 2025

    Source Compass

    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 eXp Realty, LLC

    HighLights

    • Ready‑to‑go building lot with roads, water, sewer, and electrical already in.
    • Expansive territorial views including views of the Columbia River.
    • Corner lot.
    • Easy drive into Tri‑Cities, WA.
    • Located in a fast‑growing area of E. Oregon with Amazon data centers.
    • Close to the City of Umatilla.

    Overview

    This is one of four remaining ready-to-go building lots, complete with existing roads, water, sewer, and electrical infrastructure. Located on Corner Lot 12, the property offers expansive territorial views, including views of the Columbia River. The location provides an easy drive into the Tri-Cities, Washington, and neighboring Hermiston. The City of Umatilla is experiencing rapid growth, driven by factors such as Amazon data centers on Powerline and the construction of a new middle school. The property, with a size of 10018 square feet, presents an opportunity to be part of this dynamic time in Eastern Oregon.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Umatilla
    County
    Umatilla
    State
    Oregon
    Longitude
    -119.34928
    Latitude
    45.90976

    Nearby Similar for Sale

    • $149,950

      Agricultural Land with River Views

      Build or run a small operation on a river-view lot with power, irrigation water rights, and an on-site hay shed.
      28459 Southshore Dr, Umatilla, OR 97882
      View Details
    • $185,000

      Umatilla Land with River Views

      Corner lot with Columbia River views, ideal for development.
      311 PINE TREE Ave, Umatilla, OR 97882
      View Details
    • $4,250,000
      16,958 SF

      Umatilla Hospitality Investment Opportunity

      Hospitality property in Umatilla, Oregon with hotel and extended stay.
      1481 6th St, Umatilla, OR 97882
      View Details
    • $3,215,000
      4,255 SF

      Circle K Fuel Center Investment

      High-volume Circle K with Subway and guaranteed long-term lease.
      1800 6th St, Umatilla, OR
      View Details
    • $4,250,000
      16,958 SF

      Umatilla Hospitality Investment Opportunity

      Hospitality property with traditional rooms and extended stay suites.
      1481 6th St, Umatilla, OR 97882
      View Details
    • $150,000

      Umatilla Land with River Views

      Two-acre parcel with shared well and river views.
      Rilie lane, Umatilla, OR 97882
      View Details
    • $3,950,000

      Econo Lodge Dual Income Hotel

      40 Choice Hotels rooms plus 37 extended stay units.
      1481 6th Street, Umatilla, OR 97882
      View Details
    • $79,900

      Umatilla Land with River Views

      Corner lot in Umatilla, Oregon, with potential river views.
      40 MCFARLAND Ave, Umatilla, OR 97882
      View Details
    • $73,000

      Umatilla Land with Columbia Views

      Ready-to-build lot with utilities and territorial views.
      ROOSEVELT St, Umatilla, OR 97882
      View Details

    FAQs

    What type of property is this?
    Commercial land - Building lot with utilities and territorial views in Umatilla.
    Where is this commercial land located?
    The property is located at 25 Roosevelt Avenue Unit 12 Umatilla, OR.
    What is the asking price?
    The asking price for this property is $69,000.
    What are key features of this property?
    This property features: Ready‑to‑go building lot with roads, water, sewer, and electrical already in.; Expansive territorial views including views of the Columbia River.; Corner lot.
    (509) 956-9743
    We can help!
    Listing Contact
    Michele Rennie
    Michele Rennie
    Real Estate License ID: 201216042
    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
    25 Roosevelt Avenue, Unit 12, Umatilla, OR 97882
    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!