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    OFF-MARKET
    Land

    0 Frst Dell Ave, Joseph, OR 97846

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    Property summary
    AI-generated overview

    This exceptional commercial and residential land parcel, located at 0 Forest Dell AVE, Joseph, OR 97846, presents a unique investment opportunity. Priced at $80,000, this 6,165 square foot lot is comprised of two underlying lots within one tax lot. While not currently buildable due to R-3 zoning requirements (minimum 7,560 sq ft), it offers significant potential for various uses. The property is ideal for storage of RVs, travel trailers, or the construction of storage sheds. Specific zoning regulations permit a maximum of two travel trailers or motor homes per lot; one for the owner and one for a guest (limited to 14 days). These vehicles may be parked outdoors, or if housed in an enclosed structure, are exempt from these limitations. Hookups to public sewer or subsurface sewage systems are only permitted for RVs on improved lots with approved hookups. On unimproved lots, such as this one, RVs must be self-contained and occupied by the primary owner. This property's location in Wallowa County, Oregon, offers a blend of commercial and residential possibilities, making it a compelling investment for those seeking a versatile land asset. The listed area of 470 square feet refers to an existing structure, not the total land area. The property was listed and its status last updated on December 11, 2023.

    Property profile
    Verified
    Property type Land
    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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