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NE Riverside Dr

7.77 Acres of Industrial Land Offered at £1,369,288 in Mcminnville, OR 97128

Investment Highlights

  • Flat rectangular topography
  • In the heart of McMinnville's industrial district
  • Motivated Seller
  • Street frontage on both NE Riverside Dr. and NE Miller St.
  • Close proximity to Highway 99
  • Financing Available

Executive Summary

The subject property is comprised of a single tax lot, totaling 335,412 square feet of land area and zoned General Industrial (M2). It is a prime owner/user industrial development opportunity with a wide range of uses, such as manufacturing, repairing, compounding, fabricating, processing, packaging, storage, and many more. The property is inside the City of McMinnville, has utilities readily available close by, and can be partitioned into multiple tax lots.
Pre-fab materials for a 16,000 square foot industrial building are also available for an additional price and not a part of the land sale price. If interested, please reach out to the broker for further assistance. Plans are also available but not yet approved by the city.

Attachments

Parcel R4415 03402 McMinnville | Sale Brochure

Property Facts

Price £1,369,288 Property Subtype Industrial
Sale Type Investment Proposed Use Industrial
No. Lots 1 Total Lot Size 7.77 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £1,369,288
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Lot Size 7.77 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price £1,369,288 Lot Size 7.77 AC
Price Per AC £176,227
Price £1,369,288
Price Per AC £176,227
Lot Size 7.77 AC

The subject property is comprised of a single tax lot, totaling 335,412 square feet of land area and zoned General Industrial (M2).

Description

Located in the heart of McMinnville's industrial park. This property is 7.77 acres and has frontage on both NE Riverside Drive and NE Miller Street.

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zoning

Zoning Code M2 (General Industrial)
M2 (General Industrial)
(503) 972-7297

  • Listing ID: 25931807

  • Date on Market: 14/06/2022

  • Last Updated:

  • Address: NE Riverside Dr, Mcminnville, OR 97128

The Land Property at NE Riverside Dr, Mcminnville, OR 97128 is currently available For Sale. Contact Macadam Forbes, Inc. for more information.

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© 2024 CoStar Group

NE Riverside Dr
(503) 972-7297 x

NE Riverside Dr

Zach Reichle

(503) 972-7297

(503) 972-7297

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