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    84984 Hwy 11 Milton-Freewater, OR 97862

    Sponsored
    For Sale
    $449,000

    13,490 SF Warehouse, Vacant, 3.17 Acres

    Property size:
    13,490 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 84984 HWY 11 in Milton-Freewater, Oregon, presents a unique investment opportunity. The 13,490 square foot property sits on a generous 3.17-acre lot, offering significant potential for a variety of uses. Boasting excellent highway visibility with 329 linear feet of frontage on Highway 11 and access from Ferndale Road, this location ensures high traffic exposure. The main building's adaptable layout allows for creative reconfiguration to suit diverse business needs. Currently vacant, the property includes four existing 1000 square foot (more or less) retail spaces, each with its own bathroom, easily divisible into smaller units. Adding to its versatility, a 40 x 48 foot warehouse is situated at the rear of the property. This combination of retail space and warehouse capacity makes this property ideal for a range of businesses seeking a prominent location with ample space. The asking price is $449,000. The property's zoning and potential uses should be verified independently. This is a rare opportunity to acquire a substantial commercial property in a desirable location with significant development potential. The property is located in Umatilla County, Oregon, zip code 97862.

    Property Features for 84984 Hwy 11

    General Information

    Property type
    Distribution properties
    Square Feet
    13,490 SF
    Lot Size
    138,085 SF

    HighLights

    • $449,000 asking price.
    • Vacant 13,490 SF industrial warehouse on 3.17 acres.
    • Located in Milton‑Freewater, OR, at 84984 Hwy 11, with excellent Hwy 11 frontage.
    • Features four 1,000 SF retail spaces with bathrooms, and a 40' x 48' warehouse.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Milton-Freewater
    County
    Umatilla
    State
    Oregon
    Longitude
    -118.388326
    Latitude
    45.979885

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    FAQs

    What type of property is this?
    Distribution property - 13,490 SF Warehouse, Vacant, 3.17 Acres
    Where is this distribution property located?
    The property is located at 84984 Hwy 11 Milton-Freewater, OR.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: $449,000 asking price.; Vacant 13,490 SF industrial warehouse on 3.17 acres.; Located in Milton-Freewater, OR, at 84984 Hwy 11, with excellent Hwy 11 frontage.
    Request Owner's contact information
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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
    84984 Hwy 11 Milton-Freewater, OR 97862
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