111 4th St, Amity, OR 97101-1104
This exceptional 9,600 square foot light industrial property presents a compelling redevelopment opportunity in the heart of Amity, Oregon. Situated on a 0.83-acre lot encompassing two tax parcels totaling approximately 36,000 square feet, this centrally located asset offers significant potential. The existing warehouse boasts 9,600 square feet of usable space, ideal for immediate occupancy or future development. Access is convenient, with four bay doors providing entry from both Fourth and Fifth Streets. The property also includes six 10x20 foot storage units, adding to its versatility. This location benefits from its proximity to Highway 99W, ensuring excellent accessibility. Furthermore, the property's position near established Yamhill County tasting rooms capitalizes on the area's burgeoning agritourism sector, presenting unique possibilities for adaptive reuse or complementary businesses. The substantial land area allows for expansion or the construction of additional structures, making this a truly remarkable investment prospect in a thriving Oregon community. The existing building provides immediate income potential while offering the flexibility to pursue future development plans. This is a rare opportunity to acquire a significant industrial property in a desirable location with strong growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C · Amity, ORAmity. Always verify with local authorities before improvements.
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.