Investing in the Future: Rare Residential Development Opportunity in McMinnville
If you're looking for a prime real estate investment opportunity, McMinnville may have just what you're after. A rare and highly desirable residential development property has come onto the market, offering a chance to invest in a growing community with plenty of potential.
Located on NE Newby ST, this 2.93-acre parcel of land is zoned R-3 and is already cleared and ready for development. All utilities are in place, abutting the site, and the property is being sold as-is, with the buyer responsible for conducting their own due diligence.
This is a unique opportunity to invest in a sought-after area, with McMinnville experiencing steady population growth and a thriving local economy. The city is known for its wine industry, which has helped to attract a diverse range of businesses and residents to the area. As a result, McMinnville has a strong job market, with opportunities in retail, healthcare, education, and tech.
In addition to its economic strengths, McMinnville is a vibrant and welcoming community, with a wide range of amenities and attractions. The area is known for its natural beauty, with a number of parks, hiking trails, and outdoor recreation opportunities available. The city also has a strong arts and culture scene, with regular events, festivals, and performances.
For investors looking to capitalize on this potential, this residential development property offers an excellent opportunity. With the land already cleared and utilities in place, the property is poised for development, and the R-3 zoning offers plenty of flexibility for a range of residential options.
As the listing agent is a member of the seller, interested buyers can rest assured that they will have access to all the information and resources they need to make an informed decision. And with McMinnville's strong economic and community foundations, investing in this property could provide a solid return on investment for years to come.
Overall, this rare residential development opportunity in McMinnville is a chance to invest in the future of a growing and thriving community. With all the groundwork already laid, interested buyers can step in and take advantage of this unique real estate listing to build something truly exceptional.
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