606 Lamonta Rd Prineville, OR 97754
This exceptional 28-acre industrial property in Prineville, Oregon, presents a unique owner-user or investment opportunity. Located at 606 NW Lamonta Rd, 97754, this Crook County site boasts excellent truck access to local roads and US Highway 26, offering unparalleled logistical advantages. The property includes two existing buildings totaling 2,500 square feet, comprising machine sheds and an enclosed shop, currently generating over $1,500 in monthly rental income from month-to-month tenants. The property is zoned HM and features a large industrial well previously used for irrigation, along with existing 3-phase power. Significant potential exists for further development, given the substantial lot size and the proximity to Prineville's new railroad depot, suggesting possible rail access. The property also contains residual aggregate inventory, offering additional value. Alternative access via Bus Evans Road provides a direct route to US Highway 26. The asking price is $980,000 ($392/sq ft), and owner-carry financing may be available. This is the largest heavy industrial property currently available in Crook County, making it an exceptional investment prospect. APN: 17562. Ground lease in place.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.