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    Cedar St Baker City, OR 97814

    Sponsored
    For Sale
    $1,300,000

    15.56 Acres, Highway Frontage, Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional 15.56-acre commercial land parcel in Baker City, Oregon, strategically positioned at the intersection of Highway 86, Old Trail Road, and I-84 Exit 302. This level, easily accessible property boasts breathtaking views and presents limitless development potential, serving as a gateway to downtown Baker City and nearby recreational areas in the Wallowa and Elkhorn mountains. The property includes water rights from the Powder River (1902 priority date from the Corral Ditch) and stored water from Phillips Reservoir. An additional 9+ contiguous acres to the south are also available for purchase, creating the possibility of a 25+ acre development. This is a rare opportunity to acquire a significant commercial land holding with exceptional highway visibility and access, making it ideal for a wide range of commercial ventures. The asking price is $1,300,000. Zoned for commercial use.

    Property Features for 0 Cedar St

    General Information

    Property type
    Land
    Lot Size
    677,794 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Baker City
    County
    Baker
    State
    Oregon
    Longitude
    -117.8195962
    Latitude
    44.7934689

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    FAQs

    What type of property is this?
    Land - 15.56 Acres, Highway Frontage, Investment Opportunity
    Where is this land located?
    The property is located at Cedar St Baker City, OR.
    What is the asking price?
    The asking price for this property is $1,300,000.
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    Cedar St Baker City, OR 97814
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    Baker City, OR 97814
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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
    Cedar St Baker City, OR 97814
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