03S4508 Tax, Joseph, OR 97846
This exceptional 5-acre parcel, identified as 03S4508 tax Lot 1100, presents a unique investment opportunity in Joseph, Oregon. Located in Wallowa County, this property boasts a desirable Timber/Grazing permitted zoning, offering versatility for various commercial and residential uses. The land is currently raw, without any existing improvements, providing a blank canvas for development. Situated on the West Moraine, the property offers a picturesque setting with ample space for future projects. The asking price is $219,000. The lot's precise location is 03S4508 tax Lot 1100, Joseph, OR 97846 (45.2494095, -117.2064356). This property was listed for sale on January 2nd, 2024, and remains available as of that date. The area is designated as 470. This is a rare chance to acquire a substantial tract of land in a sought-after location, ideal for those seeking a development project or a strategic land investment. The property's zoning allows for a range of possibilities, making it an attractive proposition for both commercial and residential ventures. Serious inquiries are encouraged.
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
Similar Nearby for Sale
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.