237 Monroe StBurns, OR 97720

  • Commercial land
  • 0.42 AC
For Sale
$175,000 View listing

Property Details for 237 Monroe St

Lot size
0.42 AC
Zone code
CG
Property type
Commercial land
APN
23S 31E 07CC 05800
APU
23S31E07CC05800

Description

This exceptional 0.57-acre commercial lot at 237 W Monroe St, Burns, Oregon (97720), presents a lucrative investment opportunity. Located in Harney County, this property boasts unparalleled visibility and high traffic counts due to its prime location directly across the highway from the town's only Safeway grocery store. Currently generating a stable monthly income of $1,000 via an existing lease with a coffee stand, this property offers immediate return on investment. The General Commercial zoning allows for a wide range of business ventures. The property's strategic position ensures consistent customer flow, making it ideal for a variety of retail uses. This is a rare chance to acquire a highly desirable commercial property in a thriving Eastern Oregon community. The asking price is $175,000. Don't miss this opportunity to own a piece of Burns' commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $7,739,490
    Retail / Commercial
    $4,028,860
    Mixed-Use / Specialty
    $4,061,850
    Hospitality / Lodging
    $3,041,710
    Office
    $4,087,050
    Institutional / Educational
    $4,239,620
    Residential Income
    $4,960,350
    Multifamily
    $5,686,660
    Automotive / Energy
    $3,633,960
    Parking / Income-Based Land
    $1,207,250
    Restaurant / Food Service
    $2,213,660
    Healthcare / Senior Housing
    $4,116,790

Location Insight

City
Burns
County
Harney
State
Oregon
Latitude
43.5858
Longitude
-119.057

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
$2,657
-
-
$150,127
-
$199,190
-
$199,190

FAQs

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