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    OFF-MARKET
    Land

    0 Combs Flat Rd, Prineville, OR 97754

    0.92 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional opportunity presents multiple development parcels totaling between 0.92 and 9.79 acres within Prineville's burgeoning Ochoco Mill master-planned community. Located on SE Combs Flat Road in Crook County, Oregon (zip code 97754), this property boasts General Commercial and Mixed-Use Commercial zoning, offering unparalleled flexibility for a variety of commercial ventures. The site benefits from high daily traffic counts exceeding 5,000 vehicles on Third Street and 3,000+ on Combs Flat Road, ensuring high visibility and accessibility. Its strategic location places it within minutes of major employers like the new Apple and Facebook data centers, as well as the Prineville Airport and St. Charles Prineville Hospital, which anchors the development and owns adjacent parcels. The master plan envisions a vibrant mix of retail, medical, office, and residential uses, creating a thriving community hub. Future amenities include walking trails and gathering spaces. An adjacent 11.22-acre parcel is slated for a significant multi-family development, further enhancing the area's appeal. Utilities are readily available within the right-of-way. The seller is responsible for final plat approval, and the buyer will participate in a proportionate share of offsite improvements. This is a rare chance to invest in a rapidly growing area with strong infrastructure and a bright future, situated near recently developed businesses such as Wilco, Walgreens, and AutoZone. The property's historical significance as the former Ochoco Lumber Company manufacturing site adds a unique element to this compelling investment. The asking price is $1,499,773.

    Property profile
    Verified
    Property type Land
    Lot 0.92 ac (40,075 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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