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Property profile & analytics
OFF-MARKET
Land

0 Pendleton Ests Pendleton, OR 97801

55.95 ac lot
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity in Pendleton, Oregon, presents 55.95 acres of cleared commercial land ready for development. This expansive property boasts pre-approved plans for a 216-lot subdivision, including 18 fourplex units (72 lots) and 144 single-family home lots. Significant infrastructure is already in place, including completed engineering, a city-issued letter of completion, and a substantial $760,000 grant from the City of Pendleton dedicated to road improvements. The property features an irregular lot shape with a total area of 2,437,182 square feet and benefits from public road access. Detailed documentation and supporting materials are available. This is a rare chance to acquire a fully-entitled development site with substantial cost savings already realized through city grants and completed engineering. The asking price is $2,200,000. Located in Umatilla County, Oregon, with a Pendleton, OR 97801 zip code, this property offers unparalleled potential for significant returns. Don't miss this exceptional opportunity to capitalize on a thriving market and a well-positioned development project.

Property profile
Verified
Property type Land
Lot 55.95 ac (2,437,182 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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