411 E 1st St Newberg, OR
This exceptional 0.236-acre lot, totaling 10,300 square feet, presents a unique infill development opportunity in Newberg's I-5 Commercial Core. Located on 411 E 1st St, this flat, vacant lot boasts a highly desirable downtown location, offering unparalleled synergy and walkability to a vibrant array of amenities. Within easy reach are numerous restaurants, bars, retail shops, banks, and a hotel, ensuring high foot traffic and strong potential for a variety of commercial uses. The site's prime location and flat terrain make it ideally suited for a multi-story or mixed-use development project. This is a rare chance to acquire a development-ready lot in a thriving Oregon city center, offering significant potential for future growth and return on investment. The property is offered at $600,000. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.