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    OFF-MARKET
    Commercial real estate

    00 Highway 97, Chemult, OR 97731

    189,050 SF 4.34 ac lot Built 2004
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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