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    560 Stearns Ln Oakland, OR 97462

    Sponsored
    For Sale
    $1,500,000

    Prime Oregon industrial land, I-5 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 39.39-acre parcel, located at 560 Stearns Lane in Oakland, Oregon, presents a compelling investment opportunity. Situated within city limits, this property boasts convenient access to all city services, including utilities. The land is relatively level, featuring a seasonal pond, adding to its unique character. Its M2 zoning allows for a variety of industrial uses, making it ideal for diverse development projects. Potential uses include, but are not limited to, an RV park, a trucking business, or a larger-scale industrial development. The strategic location directly off Interstate 5 provides unparalleled accessibility and logistical advantages. For investors seeking flexible financing options, a ground lease with an option to purchase is available. Furthermore, owner financing is a possibility for qualified buyers with approved credit. This property offers significant potential for substantial returns, making it an attractive proposition for discerning investors seeking a prime industrial land asset in a rapidly growing area. The property's address is 560 Stearns Ln, Oakland, OR 97462, within Douglas County. Detailed site plans and zoning information are available upon request.

    Property Features for 560 Stearns Ln

    General Information

    Property type
    Land
    Lot Size
    1,715,828 SF

    HighLights

    • 39.39‑acre parcel in Oakland, OR, located at 560 Stearns Lane.
    • Convenient city location with access to all utilities.
    • Relatively level land with a seasonal pond; M2 zoning allows for various industrial uses.
    • Excellent I‑5 access for logistics.
    • Financing options include ground lease with purchase option and owner financing (qualified buyers).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Hotel & Motel Auto Parts Store Nail Salon Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Douglas
    State
    Oregon
    Longitude
    -123.30655328153
    Latitude
    43.416783447371

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    FAQs

    What type of property is this?
    Land - Prime Oregon industrial land, I-5 access.
    Where is this land located?
    The property is located at 560 Stearns Ln Oakland, OR.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 39.39-acre parcel in Oakland, OR, located at 560 Stearns Lane.; Convenient city location with access to all utilities.; Relatively level land with a seasonal pond; M2 zoning allows for various industrial uses.
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    560 Stearns Ln Oakland, OR 97462
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    Oakland, OR 97462
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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
    560 Stearns Ln Oakland, OR 97462
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