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Newberg Industrial Land Assembly
For Sale
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Pending

305 N Springbrook Rd, Newberg, OR 97132

8.91-acre industrial land in Newberg, Oregon with tax incentives.

Property SizeContact for details
Lot Size8.91 Acres
Days on Market190

Property Features for 305 N Springbrook Rd

General Information

Standard status Pending
Lot size 8.91 Acres
Property subtype Land
Zoning M1
Listing Agency: PacificCrest Real Estate Advisors
Listed By: PHILIP HIGGINS · License #960900059
Source: Crexi
Added: Feb 11 Changed: Aug 8 Last Checked: Jul 24 at 2:29PM

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 PacificCrest Real Estate Advisors

Investment Insights

Based on property information with market context.

This premier 8.91-acre industrial land assembly is located in Newberg, Oregon. The property offers a combination of shovel-ready development status, dual tax incentives, and a strategic Willamette Valley location. The site consists of three contiguous tax lots totaling 388,119 square feet with M-1 Industrial zoning. The site features flat topography, dual road frontage, and utility access. A clean Phase 1 environmental assessment enables immediate development. The property is located approximately 10 miles from I-5 (Donald Exit 278) and 35 miles from Portland International Airport, providing connectivity to regional and international markets. The property qualifies for Oregon Enterprise Zone benefits, offering a 3-5 year property tax exemption on new construction, additions, and equipment. It also has a Federal Qualified Opportunity Zone designation, providing capital gains tax deferral until 2026 and potential permanent exclusion of QOZ investment gains if held for over 10 years. The 1.0-acre parcel currently in Yamhill County will be annexed by the City of Newberg. Newberg hosts a manufacturing ecosystem led by DCI International, A-dec Inc., Precision Castparts Corp., HP Inc., and Cascade Steel Rolling Mills. The location offers access to Portland metro's skilled workforce and infrastructure. It is ideal for advanced manufacturing, food/beverage processing, distribution/logistics, technology R&D campus, industrial flex, or build-to-suit development. The scalable configuration allows for a single-user campus or phased development strategies.

Key Highlights

  • Dual Tax Incentives: Oregon Enterprise Zone and Federal Qualified Opportunity Zone offer significant savings.
  • Shovel‑Ready Development Status: Clean Phase 1 environmental assessment and flat topography enable immediate construction.
  • Strategic Location: Approximately 10 miles from I‑5 and 35 miles from Portland International Airport.

Property Analytics

Current Use

DCI Edge Department Store

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Big Box & Wholesale Store 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

752
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
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Frequently Asked Questions

What type of property is this?
Industrial land - 8.91-acre industrial land in Newberg, Oregon with tax incentives.
Where is this industrial land located?
The property is located at 305 N Springbrook Rd Newberg, OR.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: Dual Tax Incentives: Oregon Enterprise Zone and Federal Qualified Opportunity Zone offer significant savings.; Shovel‑Ready Development Status: Clean Phase 1 environmental assessment and flat topography enable immediate construction.; Strategic Location: Approximately 10 miles from I‑5 and 35 miles from Portland International Airport.
(503) 793-9039 Call to check price and availability
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