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    Hines Cir Dr Hines, OR 97738

    Sponsored
    For Sale
    $120,000

    0.36-acre commercial lot, ideal investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.36-acre commercial lot presents a unique investment opportunity in Hines, Oregon. Strategically located on Hines Circle Drive, this property boasts a prime position across from Hines Park, a popular gathering spot for locals and tourists. Its proximity to the Hines Post Office and Oregon State Police ensures high visibility and accessibility. The lot is commercially zoned, making it suitable for a variety of businesses. This is one of the last available lots on Circle Drive, offering significant potential for development. The property comprises two tax lots: Tax Lot 7000 (0.12 acres, 5,227 sq ft) and Tax Lot 7100 (0.24 acres, 10,454 sq ft), totaling 15,681 sq ft. Combined annual property taxes are $515.68. The Hines City Water system will soon install new water lines behind the lot, with plans to install a meter. A sewer discharge line runs beneath the street in front of the property. Financing options include cash, bank financing, and owner financing. Legal description: T23S R30E Sec 23 Tax Lots 7000 & 7100. This is a rare chance to acquire a highly visible and versatile commercial lot in a desirable location. Don't miss this opportunity to capitalize on the potential of this exceptional property.

    Property Features for 0 Hines Cir Dr

    General Information

    Property type
    Land
    Lot Size
    15,682 SF

    HighLights

    • Legal Description: T23S R30E Sec 23 Tax Lots 7000 & 7100
    • Lot Size: 0.36 acres (15,681 sq ft)
    • Tax Lot 7000: 0.12 acres (5,227 sq ft)
    • Tax Lot 7100: 0.24 acres (10,454 sq ft)
    • Annual Property Taxes: $515.68
    • Zoning: Commercial
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hines
    County
    Harney
    State
    Oregon
    Longitude
    -119.0836466
    Latitude
    43.562461

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    FAQs

    What type of property is this?
    Land - 0.36-acre commercial lot, ideal investment.
    Where is this land located?
    The property is located at Hines Cir Dr Hines, OR.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: Legal Description: T23S R30E Sec 23 Tax Lots 7000 & 7100; Lot Size: 0.36 acres (15,681 sq ft); Tax Lot 7000: 0.12 acres (5,227 sq ft)
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    Hines Cir Dr Hines, OR 97738
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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
    Hines Cir Dr Hines, OR 97738
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