0 17Th St Baker City, OR 97814
This exceptional 68.92-acre property presents a unique investment opportunity in Baker City, Oregon. Situated on the outskirts of the historic downtown, this level parcel boasts breathtaking views of the Baker Valley and easy access to I-84. The land is zoned for mixed-use development, encompassing approximately 57+ acres designated for residential and 11+ acres for industrial purposes. This presents a compelling chance to capitalize on Baker City's recent growth, fueled by remote work opportunities and an influx of residents and businesses. The thriving downtown area, featuring restored historic buildings and a variety of local businesses, offers a vibrant community atmosphere. Baker City's strategic location provides access to numerous outdoor recreational activities, including Anthony Lakes Ski Resort and Hells Canyon National Recreation Area. The city's ongoing development, including recent additions of major retailers and the potential for a new multi-million-dollar event center, further enhances the property's value and potential for future growth. The property's size and zoning make it ideal for a variety of development projects, catering to the increasing demand for housing and industrial space in this attractive and growing community. The asking price for this remarkable development opportunity is $1,135,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.