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2727 Foothills Blvd - City Center Residential Oasis

40.61 Acres of Residential Land Offered at £337,692 in Klamath Falls, OR 97601

Investment Highlights

  • Medium Density zoning with city services all central to Downtown and the main shopping district.

Executive Summary

Centrally located 40+ acres, with geothermal and exceptional southern views above the Herald and News. Strategic possibilities for residential connectivity with downtown and Washburn Way commercial. An established easement to Foothills Blvd next to the Herald and News makes this property ready for development today. Whether your interest is a castle on the hill or a number of residential possibilities, this property is positioned for both. Current County zoning is medium density residential and could be annexed to City under the same zoning or partition and phase your future plans. This property is perfect for a developer or an institution to be central to the city yet control their own immediate environment and propose a building plan that will address the needs of unmet markets.

Property Facts

Price £337,692
Sale Type Investment
Sale Conditions 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 40.61 AC
Cross Streets Foothills Blvd

1 Lot Available

Lot 440838

Price £337,692
Price Per AC £8,315
Lot Size 40.61 AC

Absolutely the most central to the business district medium density residential land in Klamath Falls. Priced for immediate sale.

Description

Blocks from the shopping district and downtown, yet this property is separated from all the traffic. Perfect for a senior community development or entry-level workforce housing. You won't find urban services combined with MD zoning at $.29 per sq ft

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R440838
Land Assessment
£73,180
Improvements Assessment
£0
Total Assessment
£73,180

zoning

Zoning Code MediumDensity Residential (Medium Density zoning in the city. 1 single-family dwelling unit per lot, or 1 duplex or multifamily dwelling per 8,000 square feet)
MediumDensity Residential (Medium Density zoning in the city. 1 single-family dwelling unit per lot, or 1 duplex or multifamily dwelling per 8,000 square feet)
  • Listing ID: 29942403

  • Date on Market: 01/11/2023

  • Last Updated:

  • Address: 2727 Foothills Blvd, Klamath Falls, OR 97601

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