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    Plateau Ct Prineville, OR 97754

    Sponsored
    For Sale
    $325,000

    2.16-acre development-ready lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 2.16-acre industrial land parcel, located in the highly sought-after Tom McCall Business Park in Prineville, Oregon, presents a compelling investment opportunity. Situated on SW Plateau Ct, this M1-zoned lot (APN 151502DC-0500) is priced at $325,000, or $3.45 per square foot. Its prime location offers easy access to Highway 26/126, providing convenient connections to Redmond and Bend. The property benefits from existing infrastructure, including Cascade Natural Gas and high-speed fiber-optic telecommunications, making it immediately development-ready. Furthermore, its location within the Prineville/Crook County Enterprise Zone qualifies it for significant tax incentives. This presents a unique chance to capitalize on the lower costs of commercial properties in Prineville compared to neighboring cities, while enjoying a business-friendly environment and proximity to the Facebook Data Center and related businesses. The lot is ideally suited for a variety of industrial uses, offering a strong return on investment in a thriving economic area. A contiguous 2.16-acre lot (#1400) is also available for the same price

    Property Features for 0 Plateau Ct

    General Information

    Property type
    Land
    Lot Size
    94,090 SF

    HighLights

    • 2.16‑acre industrial lot in Prineville's Tom McCall Business Park, zoned M1.
    • $325,000 purchase price, $3.45/SF.
    • Excellent Highway 26/126 access, near Redmond and Bend.
    • Development‑ready with existing utilities (Cascade Natural Gas, high‑speed fiber).
    • Located in the Prineville/Crook County Enterprise Zone, offering significant tax incentives and lower costs compared to nearby cities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Prineville
    County
    Crook
    State
    Oregon
    Longitude
    -120.8931891
    Latitude
    44.2923038

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    FAQs

    What type of property is this?
    Land - 2.16-acre development-ready lot.
    Where is this land located?
    The property is located at Plateau Ct Prineville, OR.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: 2.16-acre industrial lot in Prineville's Tom McCall Business Park, zoned M1.; $325,000 purchase price, $3.45/SF.; Excellent Highway 26/126 access, near Redmond and Bend.
    Request Owner's contact information
    Plateau Ct Prineville, OR 97754
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    Realmo Value Estimation

    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.

    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.

    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
    Plateau Ct Prineville, OR 97754
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