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    OFF-MARKET
    Mixed-use properties

    1250 Airport Rd, Hermiston, OR 97838

    1,349,717 SF 22.77 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Mixed-use properties
    Total area 1,349,717 SF
    Lot 22.77 ac (991,861 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
    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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