Property summary
This exceptional 10.91-acre parcel presents a rare industrial development opportunity in Banks, Oregon. Located west of Main Street, this property boasts an Industrial Overlay designation, facilitating seamless project implementation. Annexed to the city in 2017, the land offers convenient access via Wilkes Street and enjoys proximity to essential utilities situated on Northwest Main Street. The gently sloping topography simplifies development, while the strategic location provides quick access to Highway 6, placing it within minutes of Hillsboro, North Plains, Beaverton, and Forest Grove. This site, while not yet formally zoned industrial, holds an Industrial Sanctuary designation within the Comprehensive Plan, paving the way for future industrial uses. The land is priced at $5 per square foot, making it a compelling investment in a thriving submarket served by the Banks School District. Water and sewer services are readily available through the Banks Water District on Northwest Main Street. This is a truly unique opportunity to acquire a substantial, well-positioned industrial land parcel in a rapidly growing area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight