This exceptional Woodburn, Oregon property presents a unique investment opportunity. Boasting 4,532 square feet of space situated on a sizable 0.92-acre lot, this versatile building offers endless possibilities for a wide array of commercial ventures. The property's UT-5 zoning, located within the urban growth boundary and underlying Commercial General zoning, allows for a conditional use permit, significantly expanding its potential uses. Imagine establishing a thriving business in a prime location, with the flexibility to adapt to your specific needs. Permitted uses include, but are not limited to, a dwelling unit combined with commercial use, a duplex, or a variety of professional services such as financial, insurance, or real estate services. Other possibilities include landscaping businesses, photography studios, or offices for health, legal, engineering, or accounting professionals. The property is equipped with a well, septic system, power, and high-speed DSL internet access, ensuring seamless operation. Its convenient location provides easy access to major transportation arteries, including OR 99E, I-5, and OR 214, making it easily accessible for both employees and clients. This is a rare chance to acquire a substantial property with significant upside potential in a thriving Oregon community. Don't miss this opportunity to secure your future in a prime commercial location. Priced at $499,000.
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Belle Passi Rd Woodburn, OR 97071
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Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods.
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Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.
Cap approach
Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.
Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
Relative
Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
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Belle Passi Rd Woodburn, OR 97071
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