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305 N Springbrook Rd - Newberg Industrial Land 8.91 Acres of Commercial Land Offered at $5,400,000 in Newberg, OR 97132
Executive Summary
Exceptional tax incentive opportunity: Property qualifies for Oregon Enterprise Zone benefits (3-5 year property tax exemption on new construction, additions, and equipment—potential savings of hundreds of thousands) AND Federal Qualified Opportunity Zone designation (capital gains tax deferral until 2026, permanent exclusion of QOZ investment gains if held 10+ years). This dual-incentive structure creates powerful value for qualifying investors and owner-users. The 1.0-acre parcel currently in Yamhill County will be annexed by City of Newberg, which has expressed strong support given documented 20-year industrial land supply shortfall.
Newberg hosts a sophisticated manufacturing ecosystem led by DCI International (Dental Equipment, world's largest dental equipment Replacement Parts manufacturer ) A-dec Inc. (world's largest dental equipment manufacturer, 950+ employees), Precision Castparts Corp., HP Inc., and Cascade Steel Rolling Mills. The city offers access to Portland metro's skilled workforce and infrastructure while maintaining competitive operating costs and exceptional quality of life. Ideal for advanced manufacturing, food/beverage processing, distribution/logistics, technology R&D campus, industrial flex, or build-to-suit development. Scalable configuration allows single-user campus or phased development strategies.
Property Facts
| Price | $5,400,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Total Lot Size | 8.91 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | M1 - Light Industrial/Manufacturing districts | ||
| Price | $5,400,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 8.91 AC |
| Opportunity Zone |
Yes |
| Zoning | M1 - Light Industrial/Manufacturing districts |
1 Lot Available
Lot 1-3
| Price | $5,400,000 | Lot Size | 8.91 AC |
| Price Per AC | $606,060.61 |
| Price | $5,400,000 |
| Price Per AC | $606,060.61 |
| Lot Size | 8.91 AC |
Premier 8.91-acre industrial land assembly in Newberg, Oregon offering a rare combination of shovel-ready development status, dual tax incentives, and strategic Willamette Valley location. The property consists of three contiguous tax lots 8.91 AC
Description
Premier 8.91-acre industrial land assembly in Newberg, Oregon offering a rare combination of shovel-ready development status, dual tax incentives, and strategic Willamette Valley location. The property consists of three contiguous tax lots (305 Springbrook: 6.21 AC, 305 ½ Springbrook: 1.0 AC, Hayes Road frontage: 1.7 AC) totaling 388,119 SF with M-1 Industrial zoning. Site features flat topography, dual road frontage, utility access, and clean Phase 1 environmental assessment enabling immediate development. Located approximately 10 miles from I-5 (Donald Exit 278) and 35 miles from Portland International Airport, providing excellent connectivity to regional and international markets. Exceptional tax incentive opportunity: Property qualifies for Oregon Enterprise Zone benefits (3-5 year property tax exemption on new construction, additions, and equipment—potential savings of hundreds of thousands) AND Federal Qualified Opportunity Zone designation (capital gains tax deferral until 2026, permanent exclusion of QOZ investment gains if held 10+ years). This dual-incentive structure creates powerful value for qualifying investors and owner-users. The 1.0-acre parcel currently in Yamhill County will be annexed by City of Newberg, which has expressed strong support given documented 20-year industrial land supply shortfall. Newberg hosts a sophisticated manufacturing ecosystem led by A-dec Inc. (world's largest dental equipment manufacturer, 950+ employees), Precision Castparts Corp., HP Inc., and Cascade Steel Rolling Mills. The city offers access to Portland metro's skilled workforce and infrastructure while maintaining competitive operating costs and exceptional quality of life. Ideal for advanced manufacturing, food/beverage processing, distribution/logistics, technology R&D campus, industrial flex, or build-to-suit development. Scalable configuration allows single-user campus or phased development strategies.
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305 N Springbrook Rd - Newberg Industrial Land
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