119 North Pacific Highway

Woodburn, OR 97071

$1,200,000
Price
61,855 / 1.42
Lot Size / Acres

Description

Reverse 1031 exchange opportunity. Fully approved plans in hand, buy today and break ground tomorrow! This bare land holds immense potential, with plans approved for a 35-unit multifamily apartment building. 1.42-acre land in the heart of Woodburn, OR, perfect for investors seeking growth. The property's standout features are $1 million in savings from Oregon Department of Transportation improvements, Amazon facility in progress, MUV-zoned land, near to Union Pacific Railroad, Woodburn Premium Outlets...Reverse 1031 exchange opportunity. Fully approved plans in hand, buy today and break ground tomorrow! This bare land holds immense potential, with plans approved for a 35-unit multifamily apartment building. 1.42-acre land in the heart of Woodburn, OR, perfect for investors seeking growth. The property's standout features are $1 million in savings from Oregon Department of Transportation improvements, Amazon facility in progress, MUV-zoned land, near to Union Pacific Railroad, Woodburn Premium Outlets and Woodburn Dragstrip Proximity to amenities, downtown, and major transport routes. Don't miss out! Contact us today.

Property Details for 119 North Pacific Highway

Zoning
MUV
View
City

Location

Listing Courtesy of Berkshire Hathaway HomeServices Real Estate Professionals
Add your commute
LISTING UPDATED: 03/21/2024 11:26 AM

Property Details for 119 North Pacific Highway

StatusActive
MLS #23370379
Days on Market256
Taxes$6,772 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Multi Family
Year Built-
Lot Size1.42 AC
CountyMarion County

Location

Listing Courtesy of Berkshire Hathaway HomeServices Real Estate Professionals
Add your commute

Building Information for 119 North Pacific Highway

Building Size-Lot Size1.42 AC

Payment Calculator

$7,113 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$564

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 119 North Pacific Highway

Summary
Location and General Information
  • Country: US
  • Directions: From I-5: Exit 271, East on Hillsboro Silverton Hwy, becomes Newberg Hwy, Turn Right on Pacific Hwy.
  • Road Surface: Concrete
School Information
  • Elementary School: Heritage
  • High School: Woodburn
  • Middle Or Junior School: Valor
Taxes and HOA
  • Tax Year: 2022
  • Tax Annual Amount: $6,772.33
  • Parcel Number: 513305
  • Tax Legal Description: ANNEXATION NO 84-36 ANNEXATION NO 86-445
Property
Lot Information
  • Acres: 1.42
  • Lot Description: Corner Lot, Public Road
  • Lot Size Square Feet: 61855.0
  • Lot Size Dimension: 225*275
  • Current Use: Commercial, Multi Family
  • Land Description: Level
  • Lot Size Range: Acres1to3
  • Lot Size: 1 to 2.99 Acres
Property and Assessments
  • Property Sub Type: Multi Family
  • Property Type: Land
Utilities
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Public Sewer
Interior and Exterior Features
Exterior Features
  • Existing Structures Description: None

Property History for 119 North Pacific Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 119 North Pacific Highway

Taxable ValueLand-Additions-Total-
Tax Record2023$6,732 ($561 / month)
Home Facts
Lot Size61,855 SqFtStyleCommercialZoningMUVCountyMARIONAPN051W17BC07500

Schools near 119 North Pacific Highway

This home is within Woodburn School District 103.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Heritage Elementary School
PublicK to 5

Valor Middle School
Public6 to 8

Woodburn Arts And Communications Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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119 North Pacific Highway is a 1.42 ac of land for sale in Woodburn, OR 97071. This property was listed for sale on September 5, 2023 by Berkshire Hathaway HomeServices Real Estate Professionals, it's currently listed at $1,200,000. It has been on the market for a total of 256 days and was last sold on May 11, 2021. This listing's school district is Woodburn School District 103. Nearby schools include Heritage Elementary School, Valor Middle School and Woodburn Arts And Communications Academy. 119 North Pacific Highway is a 0-bed, 0-bath, 1.42 ac of land on a 61,855 sq. ft. / 1.42 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Real Estate Professionals

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 03/21/2024 11:26 AM