South Bypass Development Property

Size: 38 acres

Published Reserve: $160,000 / $4,300 per acre

Zoning: Industrial

This 38 acre irregular shape site is along southwest side of Southside By Pass (Highway 140), with frontage on Tingley Lane. Seller has reduced property price by over 50% to $160,000, or less than $4,300 per acre, to accelerate a sale by end of June. Union Pacific Railroad is along the western boundary and provides option for a rail spur. The propertys zoning allows development for industrial uses. Knife River Corporation has an aggregate and batch operation adjacent to the site. An irrigation canal bisects the tract, and there is an estimated 30 acres of water rights for irrigation.

The property is outside the City of Klamath Falls, but is within the City of Klamath Falls Urban Growth Boundary. On-site well and septic are required. The property is within the Enterprise Zone, and may qualify for c...