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    Jefferson St Burns, OR 97720

    Sponsored
    For Sale
    $60,000

    0.48-acre commercial lot, fenced, utilities nearby.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.48-acre commercial lot presents a unique investment opportunity in Burns, Oregon. Located at the end of East Jefferson Street, this property offers a tranquil setting on a dead-end street, providing peace and quiet while still being conveniently close to town amenities. The lot is fully fenced, enhancing privacy and security. Existing utilities are conveniently located nearby, simplifying development plans. The property boasts mature trees, creating a park-like atmosphere. A well is present on the site, though its condition is currently unknown. Please note that this property is situated within the 100-year floodplain. This land comprises four tax lots (TL 3403, 3404, 3405 & 3406), legally described as T23S R31E Sec 07DD. The asking price is $60,000, with annual property taxes totaling $690.36. Cash financing is required. The potential for development is significant, making this a compelling opportunity for investors seeking a versatile commercial property in a desirable location. The size and location make it ideal for a variety of commercial uses.

    Property Features for 0 Jefferson St

    General Information

    Property type
    Land
    Lot Size
    20,909 SF

    HighLights

    • Residential lot in Eastern Oregon.
    • Harney County land available.
    • Buildable lot in Burns, Oregon.
    • 0.48‑acre lot (four tax parcels).
    • Utilities nearby.
    • Fenced property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Burns
    County
    Harney
    State
    Oregon
    Longitude
    -119.048338
    Latitude
    43.5875712

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    FAQs

    What type of property is this?
    Land - 0.48-acre commercial lot, fenced, utilities nearby.
    Where is this land located?
    The property is located at Jefferson St Burns, OR.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: Residential lot in Eastern Oregon.; Harney County land available.; Buildable lot in Burns, Oregon.
    Request Owner's contact information
    Jefferson St Burns, OR 97720
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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

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    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
    Jefferson St Burns, OR 97720
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