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    1055 Commerce Ct Prineville, OR 97754

    Sponsored
    For Sale
    $499,000

    3.27-acre level lot, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 3.27-acre industrial land parcel, located at 1055 SW Commerce Ct in Prineville, Oregon, presents a unique investment opportunity. Zoned Light Industrial (M-1), this corner lot is priced competitively at $3.50 per square foot. Its prime location within the Tom Mc Call Business Park offers easy access to utilities, which are available on the west side of the property and within the street. The land is level and prepared for immediate development, eliminating costly site preparation. A significant advantage is its proximity—approximately 1,000 feet—to the Facebook data center, providing excellent potential for synergy and access to a skilled workforce. The property's address is 1055 SW Commerce Ct, Prineville, OR 97754, situated in Crook County. This is a rare opportunity to acquire a well-situated, build-ready industrial lot in a rapidly growing area. Don't miss this chance to secure your stake in Prineville's thriving industrial sector.

    Property Features for 1055 Commerce Ct

    General Information

    Property type
    Land
    Lot Size
    142,441 SF

    HighLights

    • Light Industrial (M‑1) Zoning.
    • Corner lot priced at $3.50/SF.
    • Utilities available at the west lot line and in the street.
    • Level lot, ready for immediate development.
    • Approximately 1,000 feet from the Facebook data center.
    • Located in the Tom McCall Business Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Department Store Kitchen & Bath Food Market Storage Facility HVAC Service Grocery Store Bar & Pub Wholesale Shop Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Prineville
    County
    Crook
    State
    Oregon
    Longitude
    -120.8905128
    Latitude
    44.2934666

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    FAQs

    What type of property is this?
    Land - 3.27-acre level lot, ready to build.
    Where is this land located?
    The property is located at 1055 Commerce Ct Prineville, OR.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Light Industrial (M-1) Zoning.; Corner lot priced at $3.50/SF.; Utilities available at the west lot line and in the street.
    Request Owner's contact information
    1055 Commerce Ct Prineville, OR 97754
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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
    1055 Commerce Ct Prineville, OR 97754
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