1250 Airport Rd, Hermiston, OR 97838
This exceptional 22.77-acre property, located at 1250 E Airport Rd, Hermiston, Oregon, 97838 (APN 168554), presents a unique investment opportunity. The land is currently vacant and offers a mixed-use zoning designation. Specifically, the western portion of the property is zoned C-2 (Commercial), while a portion of the eastern side is designated for light industrial use. The total square footage is 1,349,717 square feet. Detailed zoning information can be obtained by reviewing Partition Plat 2021-11 or the City of Hermiston zoning map. This property, Parcel 1 within Plat 2021-11, is being offered for sale by the owner, Simon & Simon Land, LLC, at an asking price of $1,480,700. The property's strategic location in Umatilla County provides excellent access to transportation networks and offers significant potential for various commercial and industrial developments. This is a rare opportunity to acquire a substantial land parcel with flexible zoning in a growing Oregon community. Serious inquiries only.
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.