Property profile

00 Highway 97 Chemult, OR 97731

OFF-MARKET
Commercial real estate
189,050 SF 4.34 ac lot Built 2004
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 4.34-acre commercial property, located at 00 Highway 97 in Chemult, Oregon, presents a unique investment opportunity. Situated at the strategic intersection of Highways 97 and 138, this expansive lot boasts a highly visible location with significant traffic flow on Highway 97. The property is zoned RSC-C, offering a wide range of potential commercial uses. Imagine the possibilities: an electric vehicle charging station catering to the high volume of travelers, a much-needed RV resort capitalizing on the area's recreational appeal, or a grocery store, mini-mart, or hardware store serving the local community. The large parcel features numerous mature trees, adding to its aesthetic appeal and providing potential landscaping opportunities. The area is known for its excellent well water production and high water quality, a significant advantage for any development. With its prime location, flexible zoning, and abundant natural resources, this property is poised for significant growth and return on investment. The approximate center coordinates are Latitude 43.0776 and Longitude -121.8265. The total square footage of the land is 189,050 square feet. This is a rare chance to acquire a substantial commercial parcel in a high-traffic area with immense potential. The asking price is $164,000.

Property profile

Verified
Property type Commercial real estate
Year built 2004
Total area 189,050 SF
Lot 4.34 ac (189,050 SF)

Cap rate & NOI

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

Location

00 Highway 97 Chemult, OR 97731
Chemult metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 00 Highway 97?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message