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111 Fourth St 9,600 SF Industrial Building Amity, OR 97101 $933,000 ($97.19/SF) 8.84% Cap Rate
Executive Summary
This property offers 36,000sf on Two tax lots. Light Industrial zoning, prime for redevelopment! One Half block off of 99w and centralized in the heart of Amity Oregon. Initial conversations with the City are positive- redevelopment appears to be enthusiastically welcome!
OR
Fill existing space- buy and hold for development at a later date. Nearby many established Yamhill County tasting rooms, restaurants and shops with growing agritourism. Minutes from McMinnville. Existing structures include warehouse space with 4 bay doors, accessed from both 4th and 5th street as well as 6 10x20 storage units
OR
Fill existing space- buy and hold for development at a later date. Nearby many established Yamhill County tasting rooms, restaurants and shops with growing agritourism. Minutes from McMinnville. Existing structures include warehouse space with 4 bay doors, accessed from both 4th and 5th street as well as 6 10x20 storage units
Property Facts
| Price | $933,000 | Lot Size | 0.82 AC |
| Price Per SF | $97.19 | Rentable Building Area | 9,600 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.84% | Year Built | 1950 |
| Sale Condition | Redevelopment Project | Parking Ratio | 2.08/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 12’ |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 10 |
| Building Class | C | ||
| Zoning | LI - LI: Light Industrial | ||
| Price | $933,000 |
| Price Per SF | $97.19 |
| Sale Type | Investment |
| Cap Rate | 8.84% |
| Sale Condition | Redevelopment Project |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.82 AC |
| Rentable Building Area | 9,600 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 2.08/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Drive In / Grade-Level Doors | 10 |
| Zoning | LI - LI: Light Industrial |
Amenities
- Fenced Lot
- Signage
- Yard
- Storage Space
Utilities
- Lighting - Incandescent
- Gas
- Water
- Sewer - City
- Heating - Gas
Somewhat walkable
20/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $269,959 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$269,959
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111 Fourth St