0 Philomath Development, Philomath, OR 97370
This exceptional 4.46-acre development site in Philomath, Oregon, presents a unique opportunity for investors and developers. Located in Benton County, at the address Philomath Development, 97370, this property boasts a highly desirable Commercial and Residential zoning designation, offering maximum flexibility for a variety of projects. Its strategic location provides unparalleled visibility and accessibility, situated immediately west of a Dollar General store, with direct access to both Highway 20 (Main Street) and Highway 34 (Applegate Street). This ensures high traffic volume and excellent exposure for any development. The lot's size allows for potential subdivision, catering to diverse development plans. All essential utilities are readily available, simplifying the development process and minimizing upfront infrastructure costs. This prime location, combined with its zoning and accessibility, makes this 4.46-acre parcel an exceptional investment opportunity in a growing Oregon community. The property's coordinates are 44.538664 latitude and -123.372065 longitude. Don't miss this chance to acquire a highly sought-after development site in a thriving area.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.