0 Eberlein Ave Klamath Falls, OR 97603
This exceptional 1.67-acre commercial lot, located on Eberlein Avenue in Klamath Falls, Oregon (zip code 97603), presents a unique investment opportunity. Boasting 72,745 square feet of land, this property is priced at $249,000 ($3.42 per square foot) and is currently vacant. Situated along Crater Lake Parkway, this high-exposure location benefits from approximately 16,100 vehicles passing daily. Its strategic position offers easy access from both Reno (south) and Bend, Oregon (north), making it highly visible and accessible to a large customer base. The property is zoned GC (C3) and features city/county utilities. This versatile lot is suitable for a variety of commercial uses, including restaurants, offices, medical facilities, or retail establishments. The property is near major transportation hubs and industrial parks. Buyers are responsible for conducting their own due diligence. This is a prime opportunity to establish a thriving business in a high-demand area.
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
Similar Nearby for Lease
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.