13340 Crystal Springs Rd Klamath Falls, OR 97603
This exceptional 23.9-acre Klamath Falls ranch presents a unique investment opportunity. Located at 13340 Crystal Springs Rd, Klamath County, Oregon (Zip code 97603, APN 39100-02200-00500), the property boasts a significant geothermal well, drilled in 2013 at a cost of $6.5 million, reaching a depth of 6,870 feet. The well's flow rate and temperature details are available upon request. The property is zoned EFU (Exclusive Farm Use), offering flexibility for various ventures. Originally conceived as part of a larger 30 MW geothermal power plant project alongside neighboring wells, this site presents exciting possibilities. The original well driller's report is accessible. Beyond power generation, the property's geothermal resource could support the development of a hot springs resort or wellness center, capitalizing on the unique natural resource. The owner is open to considering leasing options for the well. This is a rare chance to acquire a substantial land parcel with a high-value geothermal asset in a desirable Oregon location. The asking price for this remarkable property is $1,250,000.
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
Similar Nearby for Lease
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.