510439 1300 Aurora, OR 97002
This exceptional 176.45-acre parcel presents a unique investment opportunity in Aurora, Oregon. Strategically located in Marion County with convenient access to Interstate 5, this expansive, flat land boasts an Exclusive Farm Use (EFU) zoning designation. This zoning allows for a variety of commercial uses directly related to agricultural operations. Permitted projects include, but are not limited to, equipment sales and storage facilities, auction yards, equipment repair shops, parking areas, and even manufacturing facilities, provided they are directly tied to farm-related activities. The property's significant size offers considerable development potential, while its prime location ensures excellent visibility and accessibility. Currently, a farm lease is in place, generating existing income. This large, contiguous property is ideal for investors seeking a substantial land holding with flexible commercial development options in a rapidly growing area. The asking price is $7,940,250. The property's address is 4-1W-10 510438 500 / 4-1W-03 510439 1300, Aurora, OR 97002.
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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