Property profile

0 Lakeshore Dr Joseph, OR 97846

OFF-MARKET
Land
15000 ac lot
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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

Location

Lakeshore Dr Joseph, OR 97846
Joseph metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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