Property profile

0 Hines Cir Dr Hines, OR 97738

OFF-MARKET
Land
0.36 ac lot
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Property summary

AI-generated overview

This exceptional 0.36-acre commercial lot presents a unique investment opportunity in Hines, Oregon. Strategically located on Hines Circle Drive, this property boasts a prime position across from Hines Park, a popular gathering spot for locals and tourists. Its proximity to the Hines Post Office and Oregon State Police ensures high visibility and accessibility. The lot is commercially zoned, making it suitable for a variety of businesses. This is one of the last available lots on Circle Drive, offering significant potential for development. The property comprises two tax lots: Tax Lot 7000 (0.12 acres, 5,227 sq ft) and Tax Lot 7100 (0.24 acres, 10,454 sq ft), totaling 15,681 sq ft. Combined annual property taxes are $515.68. The Hines City Water system will soon install new water lines behind the lot, with plans to install a meter. A sewer discharge line runs beneath the street in front of the property. Financing options include cash, bank financing, and owner financing. Legal description: T23S R30E Sec 23 Tax Lots 7000 & 7100. This is a rare chance to acquire a highly visible and versatile commercial lot in a desirable location. Don't miss this opportunity to capitalize on the potential of this exceptional property.

Property profile

Verified
Property type Land
Lot 0.36 ac (15,682 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Hines Cir Dr Hines, OR 97738
Hines metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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