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Property profile & analytics
OFF-MARKET
Land

31908 Old Highway 34 Tangent, OR 97389

7.12 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 7.12-acre commercial land parcel presents a unique development opportunity in Tangent, Oregon. Strategically located on Old Highway 34, the property benefits from high visibility and exposure due to its frontage on Old Highway 34 and proximity to the new Highway 34 bypass. A signalized intersection at Highway 99E and Old Highway 34 provides excellent access. The site is conveniently located near Albany, Corvallis, Lebanon, and Interstate 5, offering easy access to major transportation routes. Adjacent to a new Oregon Powder Coating facility, this property boasts significant potential for various commercial and industrial uses. The Highway-Commercial-Industrial (HCI) zoning allows for a wide range of development options. This large, undeveloped parcel offers substantial potential for businesses seeking high visibility and convenient access. The property's high exposure and ample space make it ideal for businesses requiring significant signage and space. Prospective buyers are responsible for verifying buildability, zoning compliance, service availability, and conducting thorough due diligence regarding all development aspects. The asking price for this remarkable opportunity is $1,500,000. The property is privately owned and located at 31908 Old Hwy 34, Tangent, OR 97389.

Property profile
Verified
Property type Land
Lot 7.12 ac (310,147 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Oregon Powder Coating Powder Coating Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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