0 Layton Ct Prineville, OR 97754
This exceptional 2.16-acre industrial lot, located in Prineville, Oregon's Tom McCall Business Park, presents a compelling investment opportunity. Situated in the M1-zoned area, this development-ready parcel offers immediate construction potential. All necessary utilities are in place, including Cascade Natural Gas and high-speed fiber-optic telecommunications. The property benefits from its strategic location near the Facebook Data Center and other supporting businesses, providing excellent access to Hwy 26/126 for easy commuting to Redmond and Bend. This location within the Prineville/Crook County Enterprise Zone makes it eligible for significant tax incentives, further enhancing its financial appeal. The property's asking price is $325,000, translating to a land value of $3.45 per square foot. A contiguous 2.16-acre lot is also available for the same price, allowing for the possibility of acquiring a larger combined parcel. Prineville offers a business-friendly environment with a supportive local government and significantly lower commercial property costs compared to nearby Redmond or Bend (often 50-75% lower). This shovel-ready lot is perfect for a variety of industrial uses, offering a unique chance to establish a presence in a thriving and rapidly developing area. The APN is 151502DC-1400, and the ownership is held by Palmer.
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
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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.