R4415 03306 McMinnville, OR 97128
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.