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

The property represents one of the last large industrial parcels from the Willamette Valley up to the Portland Metro area. The parcel size offers a wide array of development opportunities, including a mixed-use project.
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

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Auto Salvage Facility
  • Contractor Storage Yard
  • Hold For Development
  • Industrial Park
  • Warehouse
Total Lot Size 66.13 AC
Zoning IH

1 Lot Available

Lot

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

Property Taxes

Parcel Numbers
Multiple
  • 143538
  • 146683
  • 146670
Land Assessment
$2,958,654 CAD
Improvements Assessment
$490,083 CAD
Total Assessment
$3,448,736 CAD
  • Listing ID: 39919994

  • Date on Market: 2026-03-26

  • Last Updated:

  • Address: 1551 SE Lyle St, Dallas, OR 97338

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