Property profile

16640 Assembly Way La Pine, OR 97739

OFF-MARKET
Industrial land
Property ID
US71-0860871
0.57 ac lot
Trust Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0.57-acre commercial land parcel presents a compelling investment opportunity in La Pine, Oregon. Located within the Newberry Business Park at 16640 Assembly Way, this property (APN 221014AB00107) is zoned for industrial use (I), offering significant potential for development. The site boasts convenient access to essential infrastructure, including readily available water, sewer, and electric services at the roadside. This translates to reduced upfront development costs and a streamlined construction process. Situated in a designated Enterprise Zone, this property may qualify for attractive tax incentives, further enhancing its financial appeal for prospective developers and businesses. The lot size is 0.57 acres, or 24,829 square feet, providing ample space for a variety of industrial projects. Given its location in an area known for some of the lowest land prices in Central Oregon, this property represents a rare and highly attractive investment opportunity. The asking price is $69,900. This is a unique chance to acquire a well-situated industrial lot in a growing area with significant potential for future appreciation.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.57 ac (24,829 SF)
APN 221014 AB 00107
UPID US71-0860871

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16640 Assembly Way La Pine, OR 97739-8601
La Pine metro Census 201 BEND, OR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2026
4 recorded transactions
2026
$65,000
2018
$42,000
2010
$35,000
2006
$44,000

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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