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    OFF-MARKET
    Land

    501 Westridge Ave, Hines, OR 97738

    0.13 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.13-acre commercial lot presents a unique investment opportunity in Hines, Oregon. Located in a newer subdivision, this property boasts convenient access to underground utilities, simplifying development and reducing upfront costs. The lot's strategic corner location within the subdivision offers excellent visibility and potential for a variety of commercial uses. Back alley access provides easy access for deliveries and potential garage construction. The subdivision's design prioritizes smaller homes, suggesting a strong potential for complementary businesses catering to the residential community. The property is priced competitively at $25,000, making it an attractive entry point for investors seeking a foothold in the Eastern Oregon market. The 2023/2024 property taxes are $199.86. Cash financing is required for this purchase. The address is 501 West Ridge Ave, Hines, OR 97738, situated in Harney County. This lot offers a rare chance to acquire a well-situated commercial parcel in a growing area. Don't miss this opportunity to secure a piece of Hines's future.

    Property profile
    Verified
    Property type Land
    Lot 0.13 ac (5,663 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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