$499,900

Exceptional development opportunity in the heart of McMinnville. This R-4 zoned lot has been extensively prepared for construction, offering substantial time and cost savings for builders and investors. Approved plans and permits are in place for three spacious three-story residences, each exceeding 3,000 square feet, with basement areas that may offer additional finished living space opportunities subject to buyer verification. The site has been graded, and foundation forms and rebar are installed and ready for concrete. Most development fees have been paid, with approximately $30,000 in remaining SDC charges. R-4 zoning may allow for additional density and future development alternatives, subject to city approval and buyer due diligence. Conveniently located in McMinnville. Shopping, restaurants, parks, and Linfield University. Whether building the currently approved project or exploring other development possibilities, this property presents a rare opportunity to acquire a shovel-ready site with significant pre-development work already completed. Do not enter the property without an appointment and licensed broker accompaniment. Buyer to verify all zoning, development potential, permits, fees, and intended uses with the City of McMinnville.