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    3100 Lone Oak Rd McMinnville, OR 97128

    Sponsored
    For Sale
    $1,889,000

    Prime Hwy 99 commercial acreage, versatile buildings.

    Property size:
    7,728 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 4.2-acre commercial property presents a rare investment opportunity in McMinnville, Oregon. Ideally situated directly bordering Highway 99, the property is zoned for light industrial use, offering unparalleled visibility and accessibility. The expansive grounds feature a gated and fenced perimeter, ensuring security and privacy. Recreational amenities include a charming pond with a dedicated recreation shed and a lighted sand volleyball court, adding unique value to this versatile property. Ample parking and storage are provided by a large gravel lot. Two substantial barns/outbuildings offer significant storage or workshop space. Additional improvements include an office building, a silo, and a system of cross-fenced pastures and paddocks, suitable for various agricultural or livestock uses, along with dedicated livestock sheds. The property also includes two residential dwellings: a 2007 manufactured home boasting 1512 square feet, three bedrooms, and two bathrooms

    Property Features for 3100 Lone Oak Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,728 SF
    Lot Size
    182,952 SF

    Building Details

    Year Built
    2007
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Nail Salon Gym & Fitness Auto Parts Store Auto Repair Shop Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McMinnville
    County
    Yamhill
    State
    Oregon
    Longitude
    -123.1501
    Latitude
    45.23893

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Hwy 99 commercial acreage, versatile buildings.
    Where is this commercial real estate located?
    The property is located at 3100 Lone Oak Rd McMinnville, OR.
    What is the asking price?
    The asking price for this property is $1,889,000.
    (503) 538-4531
    Request Owner's contact information
    3100 Lone Oak Rd McMinnville, OR 97128
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    McMinnville, OR 97128
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    Realmo Value Estimation

    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. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    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.

    More about this property
    3100 Lone Oak Rd McMinnville, OR 97128
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