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Property profile & analytics

540 Hwy 20th N Hines, OR 97738-9403

  • Commercial land
  • 0.81 lot acres
OFF-MARKET
Value Estimation
Last Sale
Dec 20, 2024
$500,000
Location Intelligence
Property ID
US71-1115191
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial land

Property Details for 540 Hwy 20th N

Lot size
0.81 lot acres
Zone code
C
Property type
Commercial land
APN
23S 30E 13CC 00501
APU
23S30E13CC00501

Description

This exceptional investment opportunity presents a 4,848-square-foot retail building situated on a 0.81-acre lot in Hines, Oregon. The property, built in 1997, boasts a prime location adjacent to the Best Western Inn, ensuring high visibility and accessibility. Currently leased under a gross lease agreement with a tenant occupying the space for over two decades, the lease was recently renewed for five years, extending to June 1, 2027. The lease structure is a 7% share of gross sales, providing a stable and predictable income stream. The property generated a net operating income (NOI) of $53,000 in 2021, representing a 5.5% capitalization rate. Property taxes are $10,655.93 annually (paid by the tenant). The asking price is $895,000, and financing is cash only. This is an ideal investment for those seeking a stable, income-producing asset in Eastern Oregon's thriving market. The address is 540 Hwy 20, Hines, OR 97738.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Hines
County
Harney
State
Oregon
Longitude
-119.076
Latitude
43.5722

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,129
$0.00
$0.00
$65,050
-
$173,140
$0.00
$173,140
More about this property
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