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Feedville Rd
Hermiston, OR 97838
122 acre Development Site · Land For Sale
·
136.00 AC

PROPERTY FACTS
| Property Type | Land | Total Lot Size | 136.00 AC |
| Property Subtype | Industrial | Cross Streets | Hinkle Road |
| Proposed Use | Distribution |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Distribution |
| Total Lot Size | 136.00 AC |
| Cross Streets | Hinkle Road |
DESCRIPTION
Pacific Northwest Development Opportunity for Intermodal Distribution Complex with Rail, and Leased Industrial Complex, by Interstate Highways 84 and 82, and near Columbia River Ports Hermiston, Oregon This 120± acre development property and 37,650± square foot leased industrial complex with 11± acres is located in Oregon’s Mid-Columbia Region, by the City of Hermiston. The property has been designated as surplus to Pendleton Grain Growers ongoing operations. The properties have location strategic to the crossroads of the Pacific Northwest for development of a large intermodal distribution complex to accommodate rail, truck, and containers to serve key markets in Seattle, Spokane, British Columbia, Boise and Portland. The lease term on the 11± acre site with warehouses, shop, and office expires in 2026. The 120± acres of unimproved property are adjacent to Union Pacific Railroad Hinkle Yard, a locomotive facility that serves both UP’s Northern Line to British Columbia, and UP’s main east/west line from the Midwest to Portland. There is potential opportunity for a spur line to connect both routes. Frontage along Feedville Road connects to Highways 207 and 395, and has excellent access to both I-84, and I-82, which links the mid-Columbia Region north to Washington and I-90. The Columbia River Ports of Umatilla and Morrow are nearby. Distribution and freight facilities operated by Walmart, FedEx, and UPS are located nearby, along with Bishops Central Storehouse of LDS Church. Construction is underway for a third 120 acre Amazon Data Center within the region; Lamb Weston is building a new, state-of-the-art french fry processing line in Hermiston at a cost of $250 million, to keep up with global demand. The Mid-Columbia Region location is experiencing investment in solar energy farms, which could be easily accommodated on the auction property. The Port of Morrow, 21 miles west of Hermiston, is Oregon’s dominant food and seed processing center, serving the region’s growing large scale agricultural operations. All these distribution, freight, food processing, and data centers have located within the Mid-Columbia Region and Hermiston, in part to take advantage of the region’s combination of low cost freight, labor, land, power, and water, along with special tax incentives for investment in equipment and facilities. The seller had an environmental assessment report prepared by PBS Engineering and Environmental and no significant environmental conditions have been identified. A NFA letter has been obtained from Oregon Department of Environmental Quality. The report and NFA letter are available in the Supplemental Information Package. Acquisition of this large block of 120± acres of industrial land, having strategic location and option for rail service, all at less than $13,300 per acre, provides a rare industrial development opportunity within Oregon’s growing Mid-Columbia Region for distribution, data, and food processing. The 37,650± square foot leased complex provides a new owner with near-term income with options for reuse and development of the site.
LINKS
Listing ID: 14078141
Date on Market: 10/15/2018
Last Updated:
Address: Feedville Rd, Hermiston, OR 97838
The Land Property at Feedville Rd, Hermiston, OR 97838 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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