50660 Mckenzie Hwy, Vida, OR 97488
For Sale
1 / 20
This exceptional 1.74-acre commercial land parcel presents a unique investment opportunity in Vida, Oregon. Located at 50660 McKenzie Highway, this property boasts unparalleled visibility due to its highway frontage, just 26 miles east of Springfield. The land is zoned Rural Commercial, offering a wide array of permitted uses, making it ideal for a diverse range of businesses. Situated directly on the McKenzie River, this is the only commercially zoned property in the valley with this prime location. The property features existing 3-phase, 208v electric service, conveniently accessed via an outdoor vault with an underground transformer. The asking price is $595,000, representing a significant value proposition. The APN is 16-45-31-00 00300, and the property is conveniently located in Lane County, Oregon, with a 97488 zip code. This is a rare chance to acquire a highly visible, riverfront commercial lot with significant development potential. Don't miss this opportunity to establish your business in a desirable and thriving location.
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
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.