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    81143 Highway 395 Stanfield, OR 97838

    For Sale
    $2,434,500

    ±11 Acres, ±9,540 SF Shop, Vacant

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This ±11-acre industrial flex property in Hermiston, Oregon, presents a unique investment opportunity. Located on Highway 395, it boasts excellent visibility and accessibility. The property includes a substantial ±9,540 square foot commercial/repair shop, perfect for various operations. A versatile ±68x50 foot showroom/sales center complements the shop, offering office space and restrooms. The expansive grounds provide ample space for a laydown yard, vehicle storage, or future expansion. Multiple access points accommodate heavy machinery and vehicles. This vacant property is ideal for businesses needing a combination of shop space, showroom, and outdoor storage. Its location in Umatilla County, Oregon, offers easy access to transportation routes and a thriving business environment. The property is immediately available, making it an attractive option for businesses seeking a ready-to-occupy space. A small area is excluded from the sale, as noted in the property images. This flexible space is suited for maintenance companies, automotive services, agricultural businesses, and more. The asking price is $2,434,500. The property's zoning and specific permitted uses should be verified independently.

    Property Features for 81143 Highway 395

    General Information

    Property type
    Flex space
    Lot Size
    479,160 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store HVAC Service Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Stanfield
    County
    Umatilla
    State
    Oregon
    Longitude
    -119.2435475
    Latitude
    45.8064771

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    FAQs

    What type of property is this?
    Flex space - ±11 Acres, ±9,540 SF Shop, Vacant
    Where is this flex space located?
    The property is located at 81143 Highway 395 Stanfield, OR.
    What is the asking price?
    The asking price for this property is $2,434,500.
    Request Owner's contact information
    81143 Highway 395 Stanfield, OR 97838
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    Stanfield, OR 97838
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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
    81143 Highway 395 Stanfield, OR 97838
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