84984 Hwy 11 Milton Freewater, OR 97862-7304
This exceptional commercial property, located at 84984 HWY 11 in Milton-Freewater, Oregon, presents a unique investment opportunity. The 13,490 square foot property sits on a generous 3.17-acre lot, offering significant potential for a variety of uses. Boasting excellent highway visibility with 329 linear feet of frontage on Highway 11 and access from Ferndale Road, this location ensures high traffic exposure. The main building's adaptable layout allows for creative reconfiguration to suit diverse business needs. Currently vacant, the property includes four existing 1000 square foot (more or less) retail spaces, each with its own bathroom, easily divisible into smaller units. Adding to its versatility, a 40 x 48 foot warehouse is situated at the rear of the property. This combination of retail space and warehouse capacity makes this property ideal for a range of businesses seeking a prominent location with ample space. The asking price is $449,000. The property's zoning and potential uses should be verified independently. This is a rare opportunity to acquire a substantial commercial property in a desirable location with significant development potential. The property is located in Umatilla County, Oregon, zip code 97862.
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
RRSC · Milton Freewater, ORMilton Freewater. Always verify with local authorities before improvements.
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.