25703 Or-126 Veneta, OR 97487
This exceptional 3.28-acre commercial property in Veneta, Oregon, presents a unique investment opportunity. Located on Highway 126 in Lane County (zip code 97487), this property boasts a 2,440 square foot building constructed in 2000. The building features a wood frame with metal siding, and includes a front office area suitable for reception or retail, plus a warehouse space equipped with two convenient roll-up doors and a mezzanine for added storage. The office area is climate-controlled with ductless HVAC. The property also includes a well and septic system. The land is zoned Rural Commercial (RC) and is comprised of two tax lots, totaling 3.28 acres. The property is currently vacant and offered for sale as a whole for $1,150,000. Alternatively, the property is also available for purchase in two separate parcels: a 0.90-acre lot with the 2,440 square foot building for $425,000, and a 2.38-acre lot for $725,000. This versatile property is ideal for a variety of commercial uses, offering significant potential for growth and return on investment. Its prime highway frontage and ample space make it an attractive option for businesses seeking a prominent location in a thriving community. The property's existing building and infrastructure provide a solid foundation for immediate occupancy or redevelopment.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.