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Property profile & analytics
OFF-MARKET
Retirement homes

0 17Th St Baker City, OR 97814

68.92 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retirement homes
Lot 68.92 ac (3,002,155 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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