Listed by Macadam Forbes
$1,149,000
Commercial Zoned Parcel
Details
Property Type Multifamily, Office
Sub Type Commercial, Executive Office
Square Footage 35,724
Units 28
Acreage 0.820
Zoning C-2: Community Commercial City of Newberg
Multifamily | 28 Units
Marketing description
Corner parcel located one block north of Hwy 99 on N. Springbrook Road and Haworth Avenue. Directly across the street from Springbrook Plaza. Neighbors include Safeway, Bi-Mart, and Fred Meyer.
Investment highlights
- 0.82 acre parcel is zoned C-2 and is fully entitled for a 28 unit multi-family project. Due diligence information includes approved plans, survey, traffic study, environmental, utility plans and Land Use Approval. Some of these documents can be utilized for other types of development.
- Seller is a General Contractor/Developer and would consider a Build-to-Suit to Lease or Sale.
Listing Contacts
Listed by Macadam Forbes
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
