This property offers strong investment value due to its flexible zoning and strategic location. Currently zoned industrial for a planned storage complex, it may also be converted back to residential or, with city approval, to commercial for a 12-plex multi-family development. Complete engineering and design plans increase readiness for development. The seller holds all plans. The lot measures 225'x110' and is ready for use, with water, electricity, and an 8" city-approved sewer line already on-site. Potential high-value uses include rental shop spaces for autobody or mechanic work, or a crossfit gym.
Sold
$330,000
5 Street, Gervais, OR 97026
--beds
0baths
0.57Acres
Unimproved Land, Multi Family
Built in ----
0.57 Acres Lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Patrick Ledbetter 503-969-9958,
Premiere Property Group, LLC
Bought with:
Patrick Ledbetter, 201217839
Premiere Property Group, LLC
Source: RMLS (OR),MLS#: 507579197
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: City
Lot
- Size: 0.57 Acres
- Features: Level, SqFt 20000 to Acres1
Details
- Parcel number: 599382
- Zoning: Ind/Res
Utilities & green energy
- Utilities for property: Electricity Available, Water Available
Community & neighborhood
Location
- Region: Gervais
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2025 | Sold | $330,000-16.5% |
Source:  RMLS (OR) #507579197 Report a problem | ||
| 9/5/2025 | Pending sale | $395,000 |
Source: RMLS (OR) #507579197 Report a problem | ||
| 8/20/2025 | Price change | $395,000-10.2% |
Source: RMLS (OR) #507579197 Report a problem | ||
| 6/20/2025 | Listed for sale | $440,000 |
Source: RMLS (OR) #507579197 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 97026
Nearby schools
GreatSchools rating
- 4/10Brooks Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Gervais Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Gervais High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Gervais
- Middle: Gervais
- High: Gervais
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Oregon
- Marion County
- Gervais
- 97026
- 5 Street
Nearby cities
Nearby zip codes
Other Gervais Topics
