Property profile

0 Frst Dell Ave Joseph, OR 97846

OFF-MARKET
Land
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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

Location

Frst Dell Ave Joseph, OR 97846
Joseph metro
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Value estimations

Realmo proprietary · 4 methods
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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
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