3100 Lone Oak Rd McMinnville, OR 97128
- Flex space
- 4.20 lot acres
Current Use by Public Records
- Flex space
Property Details for 3100 Lone Oak Rd
- Year built
- 2007
- Lot size
- 4.20 lot acres
- Property type
- Flex space
Description
This exceptional 4.2-acre mixed-use property in McMinnville, Oregon, presents a rare investment opportunity. Located on Lone Oak Rd N, bordering Highway 99, the property is zoned Light Industrial (LI) and offers a diverse range of existing structures and amenities. The site includes four buildings: two residential homes (a 2007 manufactured home with 1512 sq ft, 3 bedrooms, and 2 baths, and a 1999 home with 1056 sq ft, 2 bedrooms, and 2.5 baths), a barn/office complex with 230V 3-phase and single-phase power, and additional outbuildings. Outdoor features include a gated and fenced area, a charming pond with a recreation shed, a lighted sand volleyball court, a large gravel lot ideal for extensive parking or storage, cross-fenced pastures, paddocks, and livestock sheds. The property's multi-tenant setup currently houses two tenants. The year built for the main structures is 2007 and 1999. This versatile property is perfect for owner-users seeking a blend of residential and light industrial space, or investors looking for a strong multi-tenant income stream. The asking price is $1,889,000. Buyer to conduct their own due diligence regarding intended use. The property is situated in Yamhill County, Oregon, with a zip code of 97128.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- McMinnville
- County
- Yamhill
- State
- Oregon
- Longitude
- -123.15176658081
- Latitude
- 45.238261886452
