1602 Combs Flat Rd Prineville, OR 97754
This exceptional 439-acre parcel presents a remarkable opportunity for large-scale residential development in Prineville, Oregon. Located at TL 1602 NE Combs Flat Rd, 97754, this property boasts an R2 zoning designation, allowing for a variety of residential construction options. The land is already platted and approved by Crook County, significantly streamlining the development process. Its strategic location offers convenient access to Prineville's amenities, including shopping, schools, and recreational trails. Residents will enjoy scenic views of Barnes Butte. The property's size and prime location within this rapidly growing Central Oregon community make it an ideal investment for developers seeking a substantial project with significant potential for return. The seller may consider owner financing options, making this an even more attractive proposition. This is a rare chance to acquire a large, ready-to-develop residential tract in one of Oregon's fastest-growing areas. Don't miss this chance to capitalize on the burgeoning Central Oregon real estate market. Contact us today to learn more about this exceptional opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.