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Biehn St and Hwy 97 10 Acres of Commercial Land Offered at $2,750,000 in Klamath Falls, OR 97601



INVESTMENT HIGHLIGHTS
- Ten acres of prime development land
- Immediately adjacent to Hwy. 97, at the Biehn Street interchange
- Located very close to Klamath Falls leading employers
- Zoned for commercial, multifamily, or single family uses
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $2,750,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 10.00 AC |
| Zoning | CG, MD - commercial general | ||
| Price | $2,750,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 10.00 AC |
| Zoning | CG, MD - commercial general |
1 LOT AVAILABLE
Lot
| Price | $2,750,000 | Lot Size | 10.00 AC |
| Price Per AC | $275,000.00 |
| Price | $2,750,000 |
| Price Per AC | $275,000.00 |
| Lot Size | 10.00 AC |
Approximately 10 acres of development land, zoned for commercial, multifamily, and other potential uses. Variable terrain may be best suited for residential development on higher ground and commercial use in lower areas.
DESCRIPTION
Presently the property for sale is part of one tax lot, on which the Pelican Theatre is located. The sale of this property will require the partitioning of the approximate 10 acres that sit behind (to the east of) the Pelican. Access can come via a surface street to the property and via an easement or property line alignment for ingress and egress through parking lot of the Pelican Theatre. This property is located in an area that includes many of Klamath Falls largest employers. It sits adjacent to Hwy. 97 Business, at the interchange of Biehn Street and Hwy. 97.
PROPERTY TAXES
| Parcel Number | R171735 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,908,760 |
PROPERTY TAXES
Presented by
Biehn St and Hwy 97
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