130 7th St Dundee, OR 97115-9535
- Medical offices
- 1.00 lot acres
Current Use by Public Records
- Potcake Cellars Tasting Room / Winery
Property Details for 130 7th St
- Lot size
- 1.00 lot acres
- Zone code
- C
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- R3326DA 00217
- APU
- R3326DA00217
Description
This exceptional Dundee, Oregon property presents a unique investment opportunity. Located at 130 SW 7th St, this general commercial building boasts 2,296 square feet situated on a one-acre lot. The main floor offers a versatile commercial space, ideal for a retail establishment, tasting room, or taproom, perfectly suited to the area's thriving wine and culinary scene. Upstairs, a beautifully appointed loft apartment provides tranquil living quarters, potentially for owner occupancy or as a lucrative vacation rental. The property's prime location in the heart of Dundee, nestled between the Willamette River and the renowned Dundee Hills, offers unparalleled access to the region's attractions. Just 30 miles from Portland, this location benefits from significant tourism. Adding to the investment potential is approximately 19,000 square feet of undeveloped land, allowing for expansion or subdivision. The impending construction of a luxury hotel just two blocks away promises increased foot traffic and further enhances the property's value. This property offers a rare blend of commercial potential and residential comfort, making it an exceptional opportunity for a discerning investor seeking a unique and profitable venture in a picturesque setting.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,110,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,185,000
- 6.5%
- $1,165,000
- 7%
- $1,210,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,330,000
- Geo Method
- $1,300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,275,000
- Retail
- $1,055,000
- Mixed-Use
- $935,000
- Hospitality
- $1,315,000
- Educational
- $1,220,000
- Residential Income
- $1,305,000
- Energy
- $1,285,000
- Income-Based Land
- $965,000
- Food Service
- $1,030,000
Location Insight
- Map
- Local Demand
- City
- Dundee
- County
- Yamhill
- State
- Oregon
- Longitude
- -123.011
- Latitude
- 45.2789
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA