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For Sale

WINE COUNTRY DEVELOPMENT LAND

215 W 5th Street | Lafayette, OR 97127

Property Details

Price$949,000
Property Size6.47 Acres

Supporting Documents

Description

  • County: Yamhill
  • Parcel IDs: 122806 and 122637
  • Zoning: R-2 (Medium Density Residential)
  • Current Status: Vacant land with vacant structure
  • Proposed Units: 30 - 51

Highlights

  • 50+ Unit Potential Confirmed: Seller has two engineered plans that demonstrate feasibility for a 51-unit project and a 30-unit project, showcasing the site's potential for meaningful scale and helping buyers visualize a clear development path.
  • R-2 Zoning (Medium-Density Residential): Allows for flexible residential development such as duplexes, townhomes, or small multi-family units — attractive to developers seeking attainable housing options.
  • Proximity to 99W and Regional Access: Adjacent to Highway 99W, offering quick connectivity to McMinnville (± 9 minutes), Newberg (± 14 minutes), Salem (± 35 minutes), and Portland (± 55 minutes).
  • Level, Infill Lot: The site’s relatively flat topography reduces site preparation costs. As an infill parcel, it's surrounded by existing infrastructure and services.
  • Utilities Available at Street: Access to water, sewer, and power nearby can streamline permitting and reduce development costs.
  • Growing Housing Demand in Yamhill County: Lafayette is part of a region experiencing housing growth pressure, making it appealing for residential developers or small-scale builders.
  • Walkable Location: Close to schools, parks, and local amenities — a selling point for future residents and developers focused on livability.
  • Largest R-2 Zoned Vacant Parcel in Lafayette: Represents the largest available medium-density residential site within city limits, offering a rare opportunity for a developer to deliver a high-impact multifamily or mixed housing project.

Brokers

GETTING STARTED

Put our sales and management experience to work for you.

CONTACT US
14000-14020 SE JOHNSON ROAD
1626 SE Alder Street

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