3 Timbermill Shr Klamath Falls, OR 97601
- Land
- 1.90 lot acres
Current Use by Public Records
- Land
Property Details for 3 Timbermill Shr
- Lot size
- 1.90 lot acres
- Property type
- Land
Description
This exceptional 1.9-acre commercial lot (Lot 3) in Klamath Falls, Oregon, presents a unique development opportunity. Located in the TimberMill Shores development, this Mixed Use (MU) zoned property boasts prime visibility from Highway 97 and Klamath Avenue, offering easy access to downtown Klamath Falls. The lot, measuring 82,589 square feet, is priced at $744,000 ($391,578.95/acre). Situated near the new Marriott Fairfield Inn and a new government building, adjacent to Veteran's Park, this location benefits from high traffic and visibility. Existing infrastructure includes streets, utilities, and a dedicated geothermally heated walking path along the waterfront. The property's geothermal capability offers potential for sustainable, green energy solutions, including heated sidewalks. Recent construction in this thriving area highlights its potential for diverse commercial development, including hotels, offices, condominiums, and restaurants. This prime location in Southern Oregon is close to Crater Lake National Park and Kingsley Field National Guard Air Base, providing a strong foundation for a successful venture. APN: 3809-032DB-01100. Zip code: 97601.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Klamath Falls
- County
- Klamath
- State
- Oregon
- Longitude
- -121.781
- Latitude
- 42.2216
