Current Use by Public Records
- Land
Property Details for R4415 03306
- Lot size
- 28.34 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
Exceptional 28.34-acre industrial land opportunity in McMinnville, Oregon, presents itself for immediate development. Located within city limits at R4415 03306, 97128, this property boasts a desirable rectangular geometry and frontage on multiple streets, ensuring excellent accessibility. Currently utilized for farming, the site is flat and well-maintained, ready for immediate construction. The land is zoned for Light Industrial use (M2), with readily available utilities including ample power. This prime location offers significant advantages for both speculative and user-driven development projects. Furthermore, prospective buyers can benefit from financial incentives provided by local and regional economic development organizations, including the City of McMinnville and SEDCOR. This presents a unique chance to capitalize on a well-situated, fully serviced industrial parcel in a thriving Oregon community. The property's size and zoning make it ideal for a variety of industrial uses, offering a strong return on investment. The asking price for this exceptional opportunity is $7,406,942.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- McMinnville
- County
- Yamhill
- State
- Oregon
- Longitude
- -123.284
- Latitude
- 45.1835
