Property profile

501 Westridge Ave Hines, OR 97738

OFF-MARKET
Land
0.13 ac lot
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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

Location

501 Westridge Ave Hines, OR 97738
Hines 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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