2205 Lon Smith Rd Prineville, OR 97754
- Commercial real estate
- 70.16 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2205 Lon Smith Rd
- Lot size
- 70.16 lot acres
- Property type
- Commercial real estate
Description
This exceptional 70.16-acre industrial property in Prineville, Oregon, presents a significant investment opportunity. Located at 2205 & 2251 Lon Smith Road, this expansive parcel offers a unique blend of existing industrial zoning and potential for residential redevelopment. The property consists of four contiguous parcels, zoned M1 and M2, providing flexibility for various uses. A substantial portion (approximately 26 acres) is M1 zoned and situated conveniently alongside the railway with Lamonta Road frontage. The remaining M2 zoned land offers intriguing possibilities for residential redevelopment, given its current residential use. The M1 zoned land is available for sale separately, offering buyers tailored options. Utilities are readily available, including power, natural gas, city sewer, and water. Furthermore, the City of Prineville has committed to providing rail access, enhancing the property's logistical advantages. The property also boasts significant water rights, encompassing 63 or more acres of Ochoco Irrigation District water. This prime location in Crook County, Oregon (zip code 97754), offers unparalleled access to infrastructure and presents a compelling opportunity for both industrial development and potential residential expansion. The asking price for this substantial holding is $3,195,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Prineville
- County
- Crook
- State
- Oregon
- Longitude
- -120.8614752
- Latitude
- 44.3196614
