Property profile

777 4th St Mcminnville, OR 97128

OFF-MARKET
Industrial properties
Property ID
US71-0398013
0.28 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 5,855-square-foot manufacturing building in McMinnville, Oregon, presents a compelling investment opportunity. Located just one block from the historic downtown area on 777 NE 4th St, this 1980-built, two-story steel structure sits on a 0.28-acre lot and boasts a 20-foot ceiling height. The property includes 10 paved and fenced parking spaces, along with two ADA-compliant restrooms. Significant upgrades include enhanced water service and heavy power capabilities. Currently leased to a tenant with a two-year lease remaining, including a five-year renewal option, this property offers a strong, long-term NNN lease. The M-2 zoning allows for diverse uses, presenting potential for future owner-occupancy. The property's APN is 161880, and its location in the vibrant McMinnville community, near the award-winning 3rd Street, ensures strong potential for future growth and value appreciation. This is a solid investment with a proven track record and significant upside. The property's zip code is 97128.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 0.28 ac (12,001 SF)
Zoning code M1
APN R4421BD 03200
UPID US71-0398013

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Production Facility Brewery & Distillery
  • Restaurant

Location

777 4th St Mcminnville, OR 97128-4502
Mcminnville metro Census 30801 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$405k

Owner & transaction history

since 2025
6 recorded transactions
2025
$829,000
2019
Price N/A
2014
Price N/A
2014
Price N/A
2005
Price N/A
2003
$220,000

Zoning & alternative use

M1 · Mcminnville, 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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