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1551 SE Lyle St
Dallas, OR 97338
Dallas Mill · Land For Sale
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66.13 AC


Investment Highlights
- Zoning already applied
- Power and water serving site
- Possible rail service
- Inside city limits
- Located in the Enterprise Zone
- Fiber available
Executive Summary
Approximately 17 acres of the site could be used for medium-to-high density residential product, which can be sold separately. The City of Dallas supports the land use change, subject to an application process.
Dallas is an aggressively pro-business municipality that is committed to moving quickly. The key players are very accessible and willing to brainstorm with prospects.
The property currently produces approximately $15,000 per month in income from leases.
Property Facts
1 Lot Available
Lot
| Price | $13,587,700 CAD | Lot Size | 66.13 AC |
| Price Per AC | $205,469.53 CAD |
| Price | $13,587,700 CAD |
| Price Per AC | $205,469.53 CAD |
| Lot Size | 66.13 AC |
66.13-acre industrial parcel in Dallas, OR with zoning in place, utilities on-site, and potential for mixed-use development.
Description
Located at 1551 SE Lyle Street in Dallas, Oregon, this 66.13-acre property is one of the last large industrial parcels available between the Willamette Valley and the Portland Metro area. The site is zoned for industrial use and offers a wide range of development opportunities, including the potential for a mixed-use project. Approximately 17 acres can be allocated for medium- to high-density residential development, which can be sold separately. The property benefits from existing infrastructure, including power, water, and fiber, and is situated within an Enterprise Zone, providing potential tax advantages. Possible rail access further enhances its logistical appeal. Dallas is a pro-business community with accessible city leadership and a commitment to supporting development. The property’s location offers convenient access to major transportation routes, including Highway 99W and I-5, and is just 20 minutes from Salem, making it a strategic hub for industrial and distribution operations.
Property Taxes
| Parcel Numbers | Improvements Assessment | $490,083 CAD | |
| Land Assessment | $2,958,654 CAD | Total Assessment | $3,448,736 CAD |
