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Whitney Land Company
101 SE Third
P.O. Box 1614
Pendleton, Oregon 97801
Phone: 541-278-4444

Hermiston Development Property

Hermiston, Oregon

 

The Property:

This land is 43± acres lying adjacent to, and between, U.S. Highway 395 and East Airport Road, within the southern boundary of the City of Hermiston. All the land is virtually level. The property consists of six tax lots:
702 7.66 acres
703 3.97 acres
704 8.75 acres
708 4.50 acres
709 6.86 acres
710 11.25 acres
For marketing purposes, the property is being combined into three Parcels (A, B and C).
Parcel A (702 + 704) 16.41 acres
Parcel B (703 + 708 + 709) 15.33 acres
Parcel C (710) 11.25 acres

Pricing:

PARCEL 1: Tax lots 702 & 704 $830,000 16.41 acres
PARCEL 2: Tax lots 703, 708 & 709 $810,000 15.33 acres
PARCEL 3: Tax lot 710 $655,000 11.25 acres
PARCELS 1 & 2: Tax lots 702, 703, 704, 708 & 709 $1,400,000 31.74 acres
ALL PARCELS: $2,295,000 43±acres
Individual parcel pricing is available at the discretion of the seller. Offers on individual parcels or any combination of parcels will be considered, including combining all into one purchase (which is reflected in the price of $2,295,000). Please call listing agent for additional information on individual parcel pricing.

Zoning:

All the property is zoned C2, M1 by the City of Hermiston. C2 is described as an Outlying Commercial zone and M1 is described as a Light Industrial zone. The C2 designation also allows all C1 outright uses. The outright uses permitted are included as an addition to our informational brochure, which is available upon request from our office.

Access:

Parcel A and Parcel B both have permitted accesses off of highway 395. Parcel C is adjacent to East Airport Road directly across from the entrance to the newly constructed Events Center. There is also an access road from East Airport Road to the north line of tax lot 704 through tax lot 710, which may be seen on the provided maps.

Development:

In the immediate area you will find Hermiston Foods (an agricultural processing facility), Wal-Mart Distribution Center and the newly developing Eastern Oregon Trade and Events Center, which will also include a large rodeo facility. Directly across highway 395, Ranch and Home is planning to develop a large commercial center. Major retailers in Hermiston include Wal-Mart, Home Depot, Big Lots, Sears, Auto Zone, Big 5’s Sporting Goods and Office Max. Both FedEx and UPS have freight distribution facilities nearby and Union Pacific Railroad rail yard is 2 miles away.

Transportation:

The area is the near perfect hub for the Northwest. Seattle, Spokane, Boise and Portland are all accessible on the Interstate highway system and are all generally close to the same distance away. The Tri-Cities is 30 minutes north of Hermiston. The property is 4.4 miles north of I-84 on highway 395. There are no major chain hotels at the I-84 – 395 interchange prior to entering this property. Hermiston’s Municipal Airport is less than a mile from the property. It services General Aviation pilots, corporate jet traffic, agricultural and cargo operations. Commercial flights are available from Pendleton and the Tri-Cities.

Hermiston:

Hermiston is the largest city in Eastern Oregon with a 2010 population of 16,745. A more recent study showed an increase of 800 to 17,520 in 2015. In 2014 the U.S. Census estimated that there were 119,632 people actively employed within a 30-mile radius of Hermiston. Hermiston’s recent population growth is due to its proximity to large cities in the Pacific Northwest and its location along two major freeways as well as it is very accessible to ports along the Columbia River.

Climate:

The climate is relatively mild with average high temperatures of 65.7 degrees and lows of 39.7 with an average annual rainfall of 8.85 inches.

Offered by:
The Whitney Land Company


Todd Loggood, Broker
 Email Todd

Gary Jellum, Broker
Email Gary

NOTICE
All of the information within this sales package has been gathered from State, County and City records and officials as well as others who are deemed reliable; however, the broker and agents can not guarantee the accuracy or completeness of the information herein contained. It is also subject to change, prior sale or withdrawal.