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    4527 Balsam Dr Klamath Falls, OR 97601

    Sponsored
    For Sale
    $268,500

    5.21 Acres, Medium Density Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 5.21-acre parcel in Klamath Falls, Oregon, presents a compelling investment opportunity. Located at 4527 Balsam Dr, 97601, this property is zoned for Medium Density Residential development, offering significant potential. The APN is 535415. Preliminary plans indicate the possibility of subdividing into approximately 34 lots, each potentially costing under $8,000 based on the current asking price of $268,500. The land value is assessed at $51,727 per acre. This attractive location benefits from its proximity to the 9-acre Cregan Park, enhancing the desirability and livability of the future residential development. The property is owned by Big Horn Ventures and all offers will be considered. This presents a unique chance to develop a residential community or hold for future appreciation. The property's location in Klamath County, Oregon, offers a desirable setting for residential growth. Buyers can choose to develop the land in phases or hold it for long-term appreciation. This is a prime opportunity to capitalize on the potential of this well-situated land. The latitude and longitude coordinates are 42.1922216, -121.8144617 respectively.

    Property Features for 4527 Balsam Dr

    General Information

    Property type
    Land
    Lot Size
    226,948 SF

    HighLights

    • $268,500 asking price.
    • 5.21‑acre residential land parcel.
    • Medium‑density residential zoning.
    • $51,727 per acre land value.
    • Located at 4527 Balsam Dr, Klamath Falls, OR 97601.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Grocery Store Food Market Computer & Electronic Repair Travel Agency Tech Support Center Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Klamath Falls
    County
    Klamath
    State
    Oregon
    Longitude
    -121.8144617
    Latitude
    42.1922216

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    FAQs

    What type of property is this?
    Land - 5.21 Acres, Medium Density Zoning
    Where is this land located?
    The property is located at 4527 Balsam Dr Klamath Falls, OR.
    What is the asking price?
    The asking price for this property is $268,500.
    What are key features of this property?
    This property features: $268,500 asking price.; 5.21-acre residential land parcel.; Medium-density residential zoning.
    (541) 892-3423
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    4527 Balsam Dr Klamath Falls, OR 97601
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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
    4527 Balsam Dr Klamath Falls, OR 97601
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