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Property profile & analytics
OFF-MARKET
Commercial real estate

600 Coe Ave Stanfield, OR 97875

47,229 SF 5.34 ac lot Built 1923
Property ID
Property summary
AI-generated overview

This exceptional 5.34-acre commercial property in Stanfield, Oregon presents a unique entrepreneurial opportunity. The site encompasses four buildings totaling nearly 50,000 square feet, offering significant flexibility for a wide range of commercial ventures. Originally constructed in 1923 as a high school, the property has undergone numerous additions over the past century, resulting in a diverse layout adaptable to various uses. Potential uses include an educational compound, event center, vocational school, multi-family development, or a short-term stay destination. Its strategic location provides easy access to regional commerce and is conveniently situated just five miles from the Hermiston Municipal Airport (HRI), enhancing its accessibility and appeal. The property's size and versatility make it an ideal candidate for a 1031 exchange. Prospective buyers should note that preliminary planning for a zoning variance is required. This is a rare chance to acquire a substantial commercial property with immense potential in a growing area. Serious inquiries are encouraged

Property profile
Verified
Property type Commercial real estate
Year built 1923
Total area 47,229 SF
Lot 5.34 ac (232,610 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Treasure Valley Cars Trucks Art and Collectibles Home Decor Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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