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Large Industrial Parcel in Dallas
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1551 SE Lyle Street, Dallas, OR 97338

Large industrial parcel with development opportunities in Dallas, Oregon.

Property SizeContact for details
Days on Market1715

Property Features for 1551 SE Lyle Street

General Information

Standard status Active
Property subtype Land
Listing Agency: Macadam Forbes
Listed By: Clayton Madey · License #OR 201727196
Source: Crexi
Added: Dec 10, 2021 Changed: Aug 8 Last Checked: Aug 8 at 4:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Macadam Forbes

Investment Insights

Based on property information with market context.

This property represents one of the last large industrial parcels from the Willamette Valley up to the Portland Metro area. The parcel's size allows for a wide array of development opportunities, including a mixed-use project. Approximately 17 acres of the site could be used for medium-to-high density residential product, which can be sold separately. The City of Dallas supports the land use change, subject to an application process. Dallas is an aggressively pro-business municipality that is committed to moving quickly. The key players are very accessible and willing to brainstorm with prospects. The property currently produces approximately $15,000 per month in income from leases. The property is located at the south end of the rapidly-growing city of Dallas Oregon with close proximity to Highway 99W and major industry players. The city of Dallas Oregon is located in the heart of the Willamette Valley and is just 15 miles west of Salem. Dallas is known for having many beautiful City parks and is extremely business-friendly too with access to highways and rail service.

Key Highlights

  • Large industrial parcel in the Willamette Valley near Portland Metro, offering diverse development opportunities.
  • Approximately 17 acres suitable for medium‑to‑high density residential development, potentially for separate sale.
  • Existing leases generate approximately $15,000 per month in income.

Property Analytics

Current Use

SPC Locomotive Rebuilding Industrial Manufacturer Bear Communications Corporate Office

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Building Supply Kitchen & Bath Showroom Auto Parts Store

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

686
Businesses Nearby

Demographics for 97338, OR

22,741
Population
9,109
Households
2.5
Avg Household Size
44
Median Age
25%
College-Educated
92%
High-School Grad
124.8 sq mi
ZIP Area
182
Density / Sq Mi
$73,345
Median Household Income
$37,359
Median Earnings
$1,197
Median Rent
$388,100
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
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Frequently Asked Questions

What type of property is this?
Industrial land - Large industrial parcel with development opportunities in Dallas, Oregon.
Where is this industrial land located?
The property is located at 1551 SE Lyle Street Dallas, OR.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: Large industrial parcel in the Willamette Valley near Portland Metro, offering diverse development opportunities.; Approximately 17 acres suitable for medium‑to‑high density residential development, potentially for separate sale.; Existing leases generate approximately $15,000 per month in income.
(503) 972-7277 Call to check price and availability
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