Property profile

111 Fourth St Amity, OR 97101

FOR SALE
Manufacturing properties
Property ID
US71-0605445
0.48 ac lot
Trust Owned 20-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Manufacturing properties
Use group CHEMICAL
Lot 0.48 ac (20,721 SF)
Zoning code C
APN R5420CD 05200
UPID US71-0605445

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

111 Fourth St Amity, OR 97101
Amity metro Census 31000 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2006
1 recorded transaction
2006
Price N/A

Zoning & alternative use

C · Amity, OR

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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