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3100 Lone Oak Rd N 4.2 Acres of Commercial Land Offered at $2,613,224 CAD in Mcminnville, OR 97128

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INVESTMENT HIGHLIGHTS

  • heavy daytime traffic
  • two homes
  • agricultural facilities include two barns, silo, livestock sheds and cross-fenced pasture
  • level lot
  • expansive gravel lot for parking
  • located near car dealership

EXECUTIVE SUMMARY

Rare investment opportunity in fantastic location near Evergreen Memorial Park. 4.2 acres borders Hwy99, zoned light industrial with potential for mobile home/trailer park development. Gated, fenced acreage boasts charming pond with recreation shed, lighted sand volleyball court, expansive gravel lot for extensive parking/storage, two large barns/outbuildings, office, silo, cross-fenced pastures, paddocks and livestock sheds. 2007 manufactured home with 3 bedrooms, 2 baths, 1512 sqft and above ground pool. 1999 mobile home with 2 bedrooms, 2.5 baths and 1056 sq ft. The two homes are currently leased month-to-month for $2,200 a month and $1400 a month respectively. Rent includes utilities. Great investment for multiuse property or development, convenient to main commuter route to downtown McMinnville.

PROPERTY FACTS

Price $2,613,224 CAD
Sale Type Investment
Sale Conditions
Build to Suit
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Mixed Use
  • Multifamily
  • Auto Dealership
  • Contractor Storage Yard
  • Garden Centre
  • General Freestanding
  • Hold For Development
  • Hold For Investment
  • Industrial Live or Work Unit
  • Manufactured Homes or Mobile Home Park
  • Parking Garage
  • Self Storage
  • Trailer or Camper Park
  • Warehouse
  • Agricultural
Total Lot Size 4.20 AC
No. Stories 1
Zoning LI

1 LOT AVAILABLE

Lot

Price $2,613,224 CAD
Price Per AC $622,196.10 CAD
Lot Size 4.20 AC

Rare investment opportunity in fantastic location east of Evergreen Memorial Park. 4.2 acres bordering Hwy99, zoned light industrial w/potential for mobile home/trailer park development. Two homes already on site w/extensive parking & amenities

DESCRIPTION

Rare investment opportunity in fantastic location near Evergreen Memorial Park. 4.2 acres borders Hwy99, zoned light industrial with potential for mobile home/trailer park development. Gated, fenced acreage boasts charming pond with recreation shed, lighted sand volleyball court, expansive gravel lot for extensive parking/storage, two large barns/outbuildings, office, silo, cross-fenced pastures, paddocks and livestock sheds. 2007 manufactured home with 3 bedrooms, 2 baths, 1512 sq ft and above ground pool. 1999 mobile home with 2 bedrooms, 2.5 baths and 1056 sq ft. The two homes are currently leased month-to-month for $2,200 a month and $1400 a month respectively. Rent includes utilities. Great investment for multiuse property or development, convenient to main commuter route to downtown McMinnville.

  • Listing ID: 23631268

  • Date on Market: 2021-07-08

  • Last Updated:

  • Address: 3100 Lone Oak Rd N, Mcminnville, OR 97128

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