215 W 5TH STLafayette, OR 97127

' 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: Proximity 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.