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    OFF-MARKET
    Land

    0 Lakeshore Dr, Joseph, OR 97846

    15000 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 15,000-acre property, located at 0 Lakeshore Drive in Wallowa, Oregon (zip code 97846), presents a unique investment opportunity. Zoned R-2, this expansive land parcel offers a blend of commercial and residential potential. Situated in Wallowa County, the property boasts convenient access to community amenities, including lake access via shared community lots, despite lacking direct lake frontage. A significant advantage is the inclusion of a water certificate, granting the right to connect to the community spring supplying water to Lake Shore Drive properties. The asking price is $105,000. Detailed property records indicate a listing date and status date of January 2, 2024. While the property description mentions an area of 470 (units unspecified), the primary acreage is 15,000 acres. This substantial landholding offers significant development possibilities, making it an attractive proposition for investors seeking a large-scale project in a desirable Oregon location. Buyers are encouraged to conduct their own due diligence to verify all aspects of the property and its potential uses. The property is offered for sale by owner.

    Property profile
    Verified
    Property type Land
    Lot 15000 ac (653,400,000 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
    AI Approach AI
    by Request
    CAP Approach CAP
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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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