Property profile

220 Meadowlakes Dr Prineville, OR 97754

OFF-MARKET
Office Spaces
2,130 SF Built 2003
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Property summary

AI-generated overview

This exceptional Class A office building, situated at the entrance to downtown Prineville at the intersection of Meadow Lake Drive and 3rd Street, offers 2,130 square feet of versatile space. Built in 2003, this single-story building features a professional layout including a reception area, a small waiting room, and three offices with ample natural light from expansive windows. One office boasts a private bathroom, while a shared bathroom caters to clients and staff. A convenient kitchenette, storage area, and additional back area storage enhance functionality. The property sits on a 4,356 square foot lot and includes 5 parking spaces. Its C2 General Commercial zoning allows for a variety of uses. The asking price is $639,000 ($300/sq ft), and the property is currently vacant, making it an ideal opportunity for businesses seeking a high-visibility location in a thriving downtown area. The owner is open to considering lease options. This is a Net NNN lease. The building's address is 220 NW Meadow Lakes Dr, Prineville, OR 97754. APN: 151606AB08500.

Property profile

Verified
Property type Office Spaces
Year built 2003
Total area 2,130 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

220 Meadowlakes Dr Prineville, OR 97754
Prineville 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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