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Property profile & analytics
OFF-MARKET
Warehouses

1601 Mcdaniel Ln Mcminnville, OR 97128-3448

1 ac lot
Individually Owned 19-yr Hold ~ Est. High Equity
Property ID
US71-0703201
Property summary
AI-generated overview

This exceptional 1-acre property located on McDaniel Lane, near Lafayette Ave, presents a rare opportunity to acquire a single-tenant industrial warehouse. The 2,000-square-foot building, constructed in 1980, boasts a 9-foot ceiling height, perfect for various storage and light industrial uses. The property features a convenient loading dock with one dock-high door, simplifying logistics. The lot itself is fully fenced and gated, providing enhanced security for your operations or equipment. The zoning is currently designated as R, and the APN is 137756. The building is currently vacant, offering immediate occupancy. The 200-foot frontage provides excellent accessibility. This property is ideal for contractors needing secure equipment storage, or businesses seeking a functional and conveniently located warehouse space. The property's single-story design and straightforward layout offer efficient use of space. Prospective tenants are responsible for conducting their own due diligence regarding permitted uses under applicable regulations. The owner reserves the right to approve or deny tenant use proposals. This is a prime opportunity to establish a presence in a well-situated industrial area. Don't miss out on this chance to secure this versatile and functional property.

Property profile
Verified
Property type Warehouses
Use group BULK STORAGE, TANKS
Lot 1 ac (43,560 SF)
Zoning code M1
APN R4416DB 07100
UPID US71-0703201
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
Current use
Occupant on record · Public records
  • Taste of the World Restaurant
  • Finishing Touch Concrete Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Charles E Parr II · 19 yrs held
Charles E Parr II
since 2006
3 recorded transactions
2006
Price N/A
2001
$75,000
1969
Price N/A
Zoning & alternative use
M1 · Mcminnville, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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