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    140 5Th St Dundee, OR 97115

    Sponsored
    For Sale
    Contact for pricing

    Large parcel, prime location, development potential.

    Property size:
    45,857 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.47-acre property at 140 SW 5th St, Dundee, Oregon (97115), presents a unique investment opportunity. Boasting a substantial 45,857 square feet, this commercially zoned (R1) land is prominently situated at the intersection of Highway 99W and 5th Street. Its strategic location offers excellent visibility and accessibility, placing it in close proximity to new and planned developments. The property is surrounded by civic amenities, including Billick Park, the post office, and City Hall, enhancing its appeal and potential. The existing building, a well-maintained elementary school, offers the possibility of adaptive reuse, maintaining its current function or being repurposed for a new use. Alternatively, the expansive lot allows for the development of various commercial projects. The City of Dundee actively supports zoning changes and development initiatives that align with its downtown vision, making this a highly attractive proposition for developers seeking a prime location with a supportive municipal environment. The current zoning is R1 (single-family residential), but a zone change to CBD is supported by the city. This presents a rare chance to acquire one of the largest parcels in downtown Dundee.

    Property Features for 140 5Th St

    General Information

    Property type
    Land
    Square Feet
    45,857 SF
    Lot Size
    194,713 SF

    HighLights

    • High‑profile location.
    • Excellent adaptive reuse potential or new development opportunity.
    • Pro‑business local government.
    • Currently zoned R‑1 (single‑family residential).
    • City of Dundee supports zoning change to CBD.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dundee Elementary School Elementary School

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Dundee
    County
    Yamhill
    State
    Oregon
    Longitude
    -123.0099405
    Latitude
    45.2803685

    Nearby Comparable

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      140 SW 5Th St, Dundee, OR 97115
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      Newberg Duplex: Investment Opportunity

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      4.2 Acres of Wooded Land

      Raw land with creek in desirable wine country location.
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      Newberg Mixed-Use Investment Property

      High-yield, leased multi-family building in prime location.
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      Development-Ready Lot in Downtown Location

      Vacant lot in downtown Newberg, suitable for development.
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      Newberg Land Ready to Build

      Land in Newberg, ready for duplex or common wall.
      3Rd St, Newberg, OR 97132
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      Newberg Land for Future Development

      Over 100 acres available in Newberg, Oregon.
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      View Details

    FAQs

    What type of property is this?
    Land - Large parcel, prime location, development potential.
    Where is this land located?
    The property is located at 140 5Th St Dundee, OR.
    What are key features of this property?
    This property features: High-profile location.; Excellent adaptive reuse potential or new development opportunity.; Pro-business local government.
    Request Owner's contact information
    140 5Th St Dundee, OR 97115
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    Dundee, OR 97115
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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
    140 5Th St Dundee, OR 97115
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