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Light Industrial Development Parcel
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337 Commercial Street, Klamath Falls, OR 97601

Level development site with nearby utilities and light industrial zoning in central Klamath Falls.

Property Size11,326 SF
Price / SF$3.44
Days on Market65

Property Features for 337 Commercial Street

General Information

Standard status Active
Size 11,326 SF
Property subtype Land
Zoning Light Industrial
Investment Type Institutional
Listing Agency: Windermere Commercial Klamath Falls
Listed By: Tanner York · License #OR 201242020
Source: Crexi
Added: Jul 1 Changed: Sep 1 Last Checked: Sep 3 at 3:17AM

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 Windermere Commercial Klamath Falls

Investment Insights

Based on property information with market context.

This level industrial land parcel is positioned for future development in Klamath Falls. The property carries Light Industrial zoning, and utilities are available along the adjoining street. A clear Phase 1 environmental report is on file, providing documented environmental review for preliminary planning.

The parcel is located in the downtown area at 337 Commercial Street, placing it within an established central district. It also lies within both an Opportunity Zone and an Enterprise Zone, designations that may provide tax-related considerations for qualified development. Buyers should independently confirm intended use, utility availability, buildability, and zoning compliance before proceeding.

Key Highlights

  • Light Industrial zoning supports industrial development planning
  • Level parcel at 337 Commercial Street in downtown Klamath Falls
  • Utilities available at the street

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick HVAC Service Dental Office Carpet & Flooring Store (Bike/Boat/Book/etc) Store Home Appliance Store Catering Service

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

1,323
Businesses Nearby

Demographics for 97601, OR

23,264
Population
10,936
Households
2.1
Avg Household Size
40
Median Age
24%
College-Educated
88%
High-School Grad
577.8 sq mi
ZIP Area
40
Density / Sq Mi
$53,333
Median Household Income
$31,011
Median Earnings
$972
Median Rent
$266,500
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?
Industrial land - Level development site with nearby utilities and light industrial zoning in central Klamath Falls.
Where is this industrial land located?
The property is located at 337 Commercial Street Klamath Falls, OR.
What is the asking price?
The asking price for this property is $39,000.
What are key features of this property?
This property features: Light Industrial zoning supports industrial development planning; Level parcel at 337 Commercial Street in downtown Klamath Falls; Utilities available at the street
More about this property
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