Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    40850 Copeland Rd Chiloquin, OR 97624

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land with strategic location and diverse zoning options available for sale.

    Type:Land
    Added:
    Nov 21, 2023
    Days on Market:
    868
    Last Refresh:
    Mar 17 at 1:24 pm

    Property Features for 40850 Copeland Rd

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Ian Levin

    Listing agent Ian Levin License #OR 200510306

    Listing office Nathan Levin Co

    Listing date Nov 21, 2023

    Source Crexi

    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 Nathan Levin Co

    Overview

    Oregon Land at Highway Intersection

    This Southern Oregon land listing is located at the intersection of Hwy 97 and 422. It offers a blend of strategic location, ample acreage, and diverse zoning options. The property provides a foundation for realizing a recreational haven, commercial enterprise, or a combination of both. This property is a prime real estate opportunity in Oregon.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Chiloquin
    County
    Klamath
    State
    Oregon
    Longitude
    -121.568
    Latitude
    42.7105

    Nearby Similar for Sale

    • $295,000
      14,500 SF

      Chiloquin Historic Gym on Large Lot

      Historical 14,500 SF gym on 2.88 acres for sale.
      225 E Schonchin Street, Chiloquin, OR 97624
      View Details
    • $11,500

      Residential Lot Near Agency Lake

      0.69-acre residential lot with lake access near Crater Lake.
      34419 Sundance Drive, Chiloquin, OR 97624
      View Details
    • $18,000

      Chiloquin Land Parcel For Sale

      0.94-acre parcel with power available, ready for development.
      Keyser Circle, Chiloquin, OR 97624
      View Details
    • $150,000

      Agency Lakeshore Homesite with Utilities

      Build-ready homesite with utilities and lake access in Chiloquin.
      34741 Clearview Drive unit: 27, Chiloquin, OR 97624
      View Details
    • $14,500

      Land in Oregon Shores 2

      Two contiguous lots near Williamson and Sprague Rivers, Crater Lake.
      Sundance Drive lot: 14 & 15, Chiloquin, OR 97624
      View Details
    • $8,000

      Residential Land with Valley Views

      2.42-acre residential land with mountain views near rivers.
      Moccasin Lane unit: 1, Chiloquin, OR 97624
      View Details
    • $30,000

      Chiloquin Land Backing Sprague River

      1.32-acre property backing to Sprague River near Chiloquin, Oregon.
      Green Forest Drive unit: 31, Chiloquin, OR 97624
      View Details
    • $18,000

      Buildable Treed Lot in Chiloquin

      0.94-acre treed lot near recreational areas, buildable and accessible.
      Scott View Drive, Chiloquin, OR 97624
      View Details
    • $35,000

      Chiloquin Land with Mountain Views

      One-acre lot with mountain views and capped well.
      Irving Way lot: 3, Chiloquin, OR 97624
      View Details
    • $14,000

      Triangular Corner Parcel in Chiloquin

      Attractive 0.36-acre corner lot near Agency Lake.
      S Chiloquin Road, Chiloquin, OR 97624
      View Details
    • $34,900

      Chiloquin Land with Mountain Views

      Large parcel with mountain, valley, and lake views.
      David Street, Chiloquin, OR 97624
      View Details
    • $8,900

      Land Near Crater Lake

      Recreational land near Crater Lake and Agency Lake.
      Sundance Drive unit: 25, Chiloquin, OR 97624
      View Details

    FAQs

    What type of property is this?
    Land - Land with strategic location and diverse zoning options available for sale.
    Where is this land located?
    The property is located at 40850 Copeland Rd Chiloquin, OR.
    What is the asking price?
    The asking price for this property is $983,584.
    What are key features of this property?
    This property features: Strategic location at the intersection of Hwy 97 and 422.; Ample acreage.; Diverse zoning options.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Ian Levin
    Real Estate License ID: OR 200510306
    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!