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Highway 99 W

65.4 Acres of Commercial Land Offered at $990,000 in Corvallis, OR 97333

Commercial Land Oregon Corvallis Highway 99 W, Corvallis, OR 97333

Investment Highlights

  • Flat Topography
  • Upside in value with favorable zoning if annexed, and is in the path of growth, as the City of Corvallis continues to expand south
  • Historical farm use, which can be continued
  • Easy access up and down Highway 99 and only minutes from downtown Corvallis

Executive Summary

The subject property is ~65 acres of industrial land located in Benton County, boarding the limits of Corvallis, with Highway 99 frontage. Currently, the property is being farmed and is farm deferral, but has the opportunity to be annexed into the City of Corvallis with the General Industrial (GI) Zoning Designation. This is a great opportunity for a farmer to get their hands on a large site and continue to farm, or an industrial user who needs land for development.

Attachments

APN 156491 & 311759 | Sale Brochure

Property Facts

Price $990,000 Property Subtype Commercial
Sale Type Investment Proposed Use
Industrial
  • Agricultural
No. Lots 1 Total Lot Size 65.40 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $990,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Agricultural
Total Lot Size 65.40 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price $990,000 Lot Size 65.40 AC
Price Per AC $15,138
Price $990,000
Price Per AC $15,138
Lot Size 65.40 AC

~65 acres of industrial land located in Benton County

Description

The property is ~65 acres of industrial land located in Benton County, boarding the limits of Corvallis, with Highway 99 frontage. This is a great opportunity for a farmer to get their hands on a large site and continue to farm, or an industrial user who needs land for development.

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Bike Score ®
Very Bikeable (76)
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 156491
  • 311759
 Improvements Assessment $0
Land Assessment $0 Total Assessment $28,523

PROPERTY TAXES

Parcel Numbers
Multiple
  • 156491
  • 311759
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$28,523
(503) 972-7297

  • Listing ID: 30879149

  • Date on Market: 2/5/2024

  • Last Updated:

  • Address: Highway 99 W, Corvallis, OR 97333

More public record information on Highway 99 W, Corvallis, OR 97333

The Land Property at Highway 99 W, Corvallis, OR 97333 is currently available For Sale. Contact Macadam Forbes, Inc. for more information.

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Highway 99 W
(503) 972-7297 x

Highway 99 W

1/2

Zach Reichle

(503) 972-7297

(503) 972-7297

Kevin VandenBrink

(503) 227-2500

(503) 227-2500

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