Listed by Mosar Commercial Properties
$2,850,000
Sw herbert ave @ hwy 99w
Details
APN 1250001500, 1250001600, and 1250001700
Property Type Land
Sub Type Commercial, Industrial
Acreage 13.35 - 57
Zoning Flexible Industrial (Currently Undergoing Change)
The three tax lots are located in Corvallis, Oregon, encompassing approximately 57 acres.
Marketing description
The three tax lots—1250001500, 1250001600, and 1250001700— are located in Corvallis, Oregon, encompassing approximately 57 acres. These parcels are situated in the southern part of the city, near the intersection of Highway 99W and Highway 20. The area is characterized by a mix of farm, residential, commercial, and light industrial developments. The proximity to major highways offers convenient access to downtown Corvallis, Oregon State University, and other key locations within the city
Investment highlights
- Parcel 3
- Tax Lot: 125220001700
- Size: 27.14 Acres
- Zone: Flexible Industrial*
- Taxes: $179.23
- Price: $1,595,000
- Parcel 4
- Tax Lot: 125220001500
- Size: 13.35 Acres
- Zone: Flexible Industrial*
- Taxes: $88.17
- Price: $910,000
- Parcel 5
- Tax Lot: 125220001600
- Size: 13.78 Acres
- Zone: Flexible Industrial*
- Taxes: $91.00
- Price: $910,0003
- If parcels are purchased separately, the original buyer must develop the necessary infrastructure and arrange reimbursement from future buyers whenever a parcel is sold.
- Parcels are currently in Farm Tax Deferral.
- Property is partly leased to a local farmer through July 15, 2025
- Zone change is currently in progress to LI-O. Buyer to do its own due diligence.
Listing Contacts
Listed by Mosar Commercial Properties
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