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    Highway 402 Monument, OR 97848

    • Land
    • 118.00 lot acres
    For Sale
    View listing
    $460,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Highway 402

    Lot size
    118.00 lot acres
    Property type
    Land

    Description

    This exceptional 118-acre commercial property in Grant County, Oregon, presents a unique investment opportunity. Situated along Highway 402 between Monument and Kimberly, this land boasts significant water rights—an additional 96+ acres of water sourced from a seasonal spring and the North Fork of the John Day River, with a potential river access easement negotiable with the seller. The property includes a fully functional irrigation system, ready for handline or wheel line operation, with a mainline running north-south and a booster pump on the south side of Highway 402. Single-phase power runs through the center, and three-phase power is available on the eastern boundary. Previously used as a spring cow-calf allotment, the land is fully fenced. While buildability is uncertain and requires further investigation with Grant County Planning, this expansive acreage offers considerable potential for various commercial ventures. Please note that the owner will complete a property partition before the sale, following finalized due diligence. The asking price is $460,000. The property's zip code is 97848.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monument
    County
    Grant
    State
    Oregon
    Longitude
    -119.558
    Latitude
    44.7943

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    • Value Estimation by Request
      161.00 Acres

      Kimberly, OR 97848

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    • Value Estimation
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      45457 Dick Crk Ln

      RECREATIONAL, ENTERTAINMENT • 320.00 Acres
      45457 Dick Crk Ln, Kimberly, OR 97848-6273
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    • Value Estimation
      $240,000
      962.48 Acres

      Kimberly, OR 97848

      RECREATIONAL, ENTERTAINMENT • 962.48 Acres
      Kimberly, OR 97848
      View Details
    • Value Estimation
      $210,000
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      44711 Dick Crk Ln

      RECREATIONAL, ENTERTAINMENT • 161.10 Acres
      44711 Dick Crk Ln, Kimberly, OR 97848-6286
      View Details

    Similar Nearby for Sale

    • $460,000
      118.00 Acres

      Eastern Oregon Commercial Land

      118 Acres, Hwy 402, Irrigation
      0 Highway 402, Monument, OR 97848
      View Details
    • $925,000
      276.00 Acres

      Riverfront Land with Development Potential

      276-acre property with river frontage, cabin, and development infrastructure.
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      View Details
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    Highway 402
    Monument, OR 97848
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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