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2450 Summers Ln
Klamath Falls, OR 97603
Former Altamont School · Land For Sale · 14.61 AC
PROPERTY FACTS
Description
Existing elementary school with 2nd building that houses the cafeteria and kitchen. 14.61 Acres. Currently on a short-term lease (ends mid 2020) to a private school. Buildings are older but in good condition. Property is zoned for Residential and would be an excellent opportunity to redevelop into much-needed multi-family or apartments. Good ingress/egress from two access points and located adjacent to shopping center on the west side and a bike/walking path on the south side. Level property and maintained grounds. Part of the existing structure(s) could be kept for a community center for a housing complex - bring ideas and proposals. Currently owned by the City School District so currently tax exempt. Buyer to perform due diligence for tax base after sale and intended development.
PROPERTY TAXES
| Parcel Number | R528469 | Improvements Assessment | $2,963,320 |
| Land Assessment | $7,744,000 | Total Assessment | $10,707,320 |
PROPERTY TAXES
zoning
| Zoning Code | SR (Zoned "Suburban Residential" under Klamath County jurisdiction) |
| SR (Zoned "Suburban Residential" under Klamath County jurisdiction) |
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