Property profile

1250 Airport Rd Hermiston, OR 97838

OFF-MARKET
Mixed-use properties
1,349,717 SF 22.77 ac lot
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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

Location

1250 Airport Rd Hermiston, OR 97838
Hermiston metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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