Light Industrial Mixed-Use
16700 S Highway 99w, Amity, OR 97101
For Sale
$3,530,000
Multiple office, workshop, and storage buildings are paired with a paved outdoor yard and Lt Ind zoning.
Property Size29,500 SF
Price / SF$119.66
Days on Market18
Property Features for 16700 S Highway 99w
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Highway Access
Outdoor Storage
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
conference room
break room
Building Details
Building Size
Year Built
Stories
Listing Agency:
Baker Street Real Estate, LLC
Listed By:
Jennifer Feero · License #201208676
(503) 708-2658
Source:
Duanejohnson
Added: Oct 22
Changed: Nov 7
Last Checked: Nov 7 at 8:39PM
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 Baker Street Real Estate, LLC
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Investment Insights
Based on property information with market context.
This light industrial property in Amity comprises several buildings for office, workshop, production, and storage functions. The main office, built in 1980, contains approximately 7,000 SF. A further 5,500 SF of office area, including conference and break rooms, is located at the workshop. The 1976 front shop totals approximately 14,000 SF, with 3,000 SF of temperature-controlled production space. Covered storage adds 8,400 SF, while a 2-acre paved asphalt yard provides outdoor space for equipment, vehicles, or storage.
The property is at 16700 S Highway 99W, with access to Highway 99W and connections to Amity and McMinnville. Zoning is Lt Ind with an overlay; the source identifies LI-zone uses subject to specified restrictions. Potential rail spur access is noted but not confirmed.
Work identified for 2025/2026 includes a pond and fire suppression system with a new pond liner, rezoning from PA to Light Industrial, closure of a previous DEQ file, septic repairs, front warehouse skylight and roof repairs, and miscellaneous electrical repairs.
The property is at 16700 S Highway 99W, with access to Highway 99W and connections to Amity and McMinnville. Zoning is Lt Ind with an overlay; the source identifies LI-zone uses subject to specified restrictions. Potential rail spur access is noted but not confirmed.
Work identified for 2025/2026 includes a pond and fire suppression system with a new pond liner, rezoning from PA to Light Industrial, closure of a previous DEQ file, septic repairs, front warehouse skylight and roof repairs, and miscellaneous electrical repairs.
Key Highlights
- Approximately 14,000 SF front shop includes 3,000 SF of temperature‑controlled production space
- Main office: approximately 7,000 SF; built in 1980
- Workshop includes 5,500 SF of office space with conference and break rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$224,832
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,496,640
$4.5M
Cap Rate 7%
$3,211,886
$3.2M
Cap Rate 9%
$2,498,133
$2.5M
Market Conditions
NOI Build-Up for 29,500 SF
Gross rent
$283.2K $9.60/SF
− Vacancy
−$18.7K −$0.63/SF
EGI
$264.5K $8.97/SF
− OpEx
−$39.7K −$1.34/SF
NOI
$224.8K $7.62/SF
Area
Yamhill County, OR
Vacancy
6.60%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,496,640
Cap Rate 7%
$3,211,886
Cap Rate 9%
$2,498,133
Alternative Uses
Best Use
Mixed Use
$5.46M
$4.78M – $6.37M
NOI $382,320 @ 7.0% cap · market cap 10.83%
Second Best
Warehouse
$3.21M
$2.81M – $3.75M
NOI $224,832 @ 7.0% cap · market cap 6.37%
Theoretical Best
Office A
$7.96M
$6.97M – $9.29M
NOI $557,394 @ 7.0% cap · market cap 15.79%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
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Business Placement
Demographics for 97101, OR
4,055
Population
1,397
Households
2.9
Avg Household Size
42
Median Age
20%
College-Educated
88%
High-School Grad
50.1 sq mi
ZIP Area
81
Density / Sq Mi
$105,061
Median Household Income
$55,254
Median Earnings
$1,413
Median Rent
$484,200
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Multiple office, workshop, and storage buildings are paired with a paved outdoor yard and Lt Ind zoning.
Where is this mixed-use property located?
The property is located at 16700 S Highway 99w Amity, OR.
What is the asking price?
The asking price for this property is $3,530,000.
What are key features of this property?
This property features: Approximately 14,000 SF front shop includes 3,000 SF of temperature‑controlled production space; Main office: approximately 7,000 SF; built in 1980; Workshop includes 5,500 SF of office space with conference and break rooms
