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    Philomath Development Philomath, OR 97370

    Sponsored
    For Sale
    Contact for pricing

    Prime Commercial/Residential Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.46-acre development site in Philomath, Oregon, presents a unique opportunity for investors and developers. Located in Benton County, at the address Philomath Development, 97370, this property boasts a highly desirable Commercial and Residential zoning designation, offering maximum flexibility for a variety of projects. Its strategic location provides unparalleled visibility and accessibility, situated immediately west of a Dollar General store, with direct access to both Highway 20 (Main Street) and Highway 34 (Applegate Street). This ensures high traffic volume and excellent exposure for any development. The lot's size allows for potential subdivision, catering to diverse development plans. All essential utilities are readily available, simplifying the development process and minimizing upfront infrastructure costs. This prime location, combined with its zoning and accessibility, makes this 4.46-acre parcel an exceptional investment opportunity in a growing Oregon community. The property's coordinates are 44.538664 latitude and -123.372065 longitude. Don't miss this chance to acquire a highly sought-after development site in a thriving area.

    Property Features for 0 Philomath Development

    General Information

    Property type
    Land
    Lot Size
    194,278 SF

    HighLights

    • 4.46‑acre development site in Philomath, Oregon.
    • Commercially and residentially zoned.
    • Excellent access and visibility to Hwy 20 (Main St) and Hwy 34 (Applegate St).
    • Located near Dollar General.
    • All utilities readily available.
    • Divisible site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Philomath
    County
    Benton
    State
    Oregon
    Longitude
    -123.372065
    Latitude
    44.538664

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    Nearby Similar for Sale

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      Industrial Property with Office Space

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Residential Development Site
    Where is this land located?
    The property is located at Philomath Development Philomath, OR.
    What are key features of this property?
    This property features: 4.46-acre development site in Philomath, Oregon.; Commercially and residentially zoned.; Excellent access and visibility to Hwy 20 (Main St) and Hwy 34 (Applegate St).
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    Philomath Development Philomath, OR 97370
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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
    Philomath Development Philomath, OR 97370
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