26 Tbd Hwy Prineville, OR 97754
- Commercial real estate
- 13.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 26 Tbd Hwy
- Lot size
- 13.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 13-acre parcel presents a prime opportunity for investors and developers seeking a strategic location in Prineville, Oregon. Situated on Highway 26, this property boasts excellent visibility and accessibility. The land is largely undeveloped, offering a blank canvas for a variety of commercial or light industrial projects. Currently zoned R-2, there's potential for a zone change to accommodate a wider range of commercial or light industrial uses, subject to city approval. Approximately 8 acres are buildable, providing ample space for construction. While approximately 5 acres fall within a flood zone, much of this area can be utilized for drainage, landscaping, or screening, minimizing development constraints. The property benefits from existing city water and power connections, with city sewer readily accessible. A significant advantage is the inclusion of approximately 8.6 acres of water rights, as documented by the Ochoco Irrigation District. This substantial water allocation adds considerable value and potential for future development. This property's combination of size, location, utilities, and water rights makes it an exceptional investment opportunity in a growing Oregon market. Serious inquiries are encouraged to explore the possibilities of this unique development site.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Prineville
- County
- Crook
- State
- Oregon
- Longitude
- -120.868
- Latitude
- 44.0377