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    12964 Dumlieu Rd Lakeview, OR 97630
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    12964 Dumlieu Rd Lakeview, OR 97630

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    • Land
    • 697.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 12964 Dumlieu Rd

    Lot size
    697.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lakeview
    County
    Lake
    State
    Oregon
    Longitude
    -120.346
    Latitude
    42.1887

    Comparable in this City

    • Value Estimation by Request
      561.39 Acres

      17425 Andy Hill Rd

      Farms • 561.39 Acres
      17425 Andy Hill Rd, Lakeview, OR 97630
      View Details
    • Value Estimation by Request
      6.00 Acres

      395 Hwy

      Land • 6.00 Acres
      395 Hwy, Lakeview, OR 97630
      View Details
    • Value Estimation by Request
      3,648.00 Acres

      Nfs 387

      Land • 3,648.00 Acres
      0 Nfs 387, Lakeview, OR 97630
      View Details
    • Value Estimation by Request
      0.19 Acres

      541 J St

      VACANT COMMERCIAL LAND • 0.19 Acres
      541 J St, Lakeview, OR 97630-1334
      View Details
    • Value Estimation by Request
      1.97 Acres

      1351 M St

      INDUSTRIAL - VACANT LAND • 1.97 Acres
      1351 M St, Lakeview, OR 97630
      View Details
    • Value Estimation by Request
      1.00 Acre

      1749 Missouri Ave

      VACANT COMMERCIAL LAND • 1.00 Acre
      1749 Missouri Ave, Lakeview, OR 97630-1052
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,501 SF

      Eastern Oregon Organic Farm Oasis

      561-acre organic farm with reservoir, home, and outbuildings near Lakeview.
      17425 Andy Hill Rd, Lakeview, OR 97630
      View Details
    • New
      $209,000
      9.77 Acres

      Lakeview Land with New Barn

      9.77 acres near Valley Falls, Oregon, horse-ready with new barn.
      27927 Highway 395, Lakeview, OR 97630
      View Details
    • $2,850,000
      2,501 SF

      Oregon Ranch with Water Rights

      561.39-acre organic ranch with custom home and equestrian facilities.
      17425 Andy Hill Rd, Lakeview, OR 97630
      View Details
    • Contact for pricing

      Lake County 60-Acre Ranch

      60-acre ranch with ponds, suitable for horses and cattle.
      21161 Highway 395, Lakeview, OR 97630
      View Details
    • New
      Contact for pricing
      Pending

      Commercial Lots Near Highway 395

      Four commercial lots near State Hwy 395 in Lakeview, Oregon.
      S G St/Hwy 395, Lakeview, OR 97630
      View Details
    • $160,000
      120.00 Acres

      Lakeview, OR Land with Views

      120 acres near Drews Reservoir with government land access.
      Cyhoya Way, Lakeview, OR 97630
      View Details
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    Lakeview, OR 97630
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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    12964 Dumlieu Rd, Lakeview, OR, 97630
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