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Property profile & analytics
OFF-MARKET
Land

3 Timbermill Shr Klamath Falls, OR 97601

1.9 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.9 ac (82,764 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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