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Newberg Development Lot Opportunity
For Sale
$600,000

411 E 1st St, Newberg, OR 97132

10,300 SF Vacant, development-ready lot

Property Size10,300 SF
Lot Size0.24 Acres
Price / SF$58.25
Days on Market568

Property Features for 411 E 1st St

General Information

Standard status Active
Property type Other land, Industrial land, Residential land & home lots, Land
Size 10,300 SF
Elevators N/A
Lot size 0.24 Acres
Listing Agency:
Listed By: Sean
Added: Jan 29, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

This 10,300 square foot vacant lot presents an infill development opportunity in Newberg's I-5 Commercial Core. The flat lot is located on 411 E 1st St and offers synergy and walkability to restaurants, bars, retail shops, banks, and a hotel. Its location and flat terrain make it suited for a multi-story or mixed-use development project. This lot offers potential for future growth and return on investment.

Property Analytics

Current Use

Land

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Pharmacy Dental Office Barber Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

872
Businesses Nearby

Demographics for 97132, OR

32,028
Population
12,411
Households
2.6
Avg Household Size
38
Median Age
39%
College-Educated
93%
High-School Grad
62.6 sq mi
ZIP Area
512
Density / Sq Mi
$95,150
Median Household Income
$46,005
Median Earnings
$1,567
Median Rent
$498,500
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Land - 10,300 SF Vacant, development-ready lot
Where is this land located?
The property is located at 411 E 1st St Newberg, OR.
What is the asking price?
The asking price for this property is $600,000.
More about this property
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