Diamond Lake Junction

94401 Hwy 97, Chemult, OR 97731

Property Information

  • For Sale $760,000
  • Property Type Land - Commercial/Other (land)
  • Property Size 209,523.6 SF
  • Lot Size 4.81 Acre
  • Cap Rate % 2.35
  • NOI / YR $17,877.00
  • Property Tenancy Multi-Tenant
  • Date Updated Jan 16, 2026

Description

4.81 AC Premier Development Site in Chemult, OR

Ideal Redevelopment Site | Includes Tesla Charging Station

 

Tesla Lot: 0.23 Acres (10,020 SF)

Cafe Lot: 4.58 Acres (199,504 SF)

Total Size: 4.81 Acres (209,524 SF)

Zoning: RSC-C (Rural Service Center Commercial)

 

Sale Price: $760,000

NOI: $17,887

CAP Rate: 2.352%

Highlights

  • Property Intersects Highway 138 and Highway 97
  • Direct access to National Forests & high-elevation recreation
  • ±383 feet of frontage along HWY 97

Contacts

Location

  • 28/100 Somewhat Bikeable
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