25189 Jeans Rd, Veneta, OR 97487
This exceptional 2800-square-foot industrial building presents a unique investment opportunity in Veneta, Oregon. Constructed in 2019, this property remains unoccupied, offering a blank canvas for a wide range of businesses. The building boasts a robust Kaiser steel frame with insulation, a convenient roll-up door, and two man doors. A central floor drain adds functionality, while paved parking, sidewalks, and on-site storm water treatment enhance convenience and aesthetics. Plumbing is already in place for a future restroom, and the building is prepped for OLCC licensed processing and cultivation with existing LUCS. While interior walls and electrical work are still needed, this presents a significant cost-saving opportunity for a buyer to customize the space to their exact specifications. The 0.23-acre lot provides ample space for operations. The property benefits from a prime location adjacent to a large boat and RV storage facility, a BiMart, and a new 180-unit residential community, ensuring high visibility and accessibility. The City of Veneta actively supports business growth, offering various financial incentives, including a Business Grant Program with matching funds up to $25,000 and potential tax abatement through the Oregon Standard Enterprise Zone Program for qualified businesses for 3-5 years. This combination of a new, adaptable building, excellent location, and supportive municipal environment makes this an exceptional opportunity for entrepreneurs and investors alike.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.