305 N Springbrook Rd - Commercial LAND FOR SALE


Newberg, OR 97132 388,120 SF
$5,400,000 USD
503-793-9039
305 N Springbrook Rd, Newberg, OR for Sale
$5,400,000 USD
Commercial LAND - FOR SALE
1/1
388,120 SF

305 N Springbrook Rd
Newberg, OR 97132


OVERVIEW

Premier 8.91-acre industrial land assembly in Newberg, Oregon offering a rare combination of shovel-ready development status, dual tax incentives, and strategic Willamette Valley location. The property consists of three contiguous tax lots (305 Springbrook: 6.21 AC, 305 ½ Springbrook: 1.0 AC, Hayes Road frontage: 1.7 AC) totaling 388,119 SF with M-1 Industrial zoning. Site features flat topography, dual road frontage, utility access, and clean Phase 1 environmental assessment enabling immediate development. Located approximately 10 miles from I-5 (Donald Exit 278) and 35 miles from Portland International Airport, providing excellent connectivity to regional and international markets. Exceptional tax incentive opportunity: Property qualifies for Oregon Enterprise Zone benefits (3-5 year property tax exemption on new construction, additions, and equipment—potential savings of hundreds of thousands) AND Federal Qualified Opportunity Zone designation (capital gains tax deferral until 2026, permanent exclusion of QOZ investment gains if held 10+ years). This dual-incentive structure creates powerful value for qualifying investors and owner-users. The 1.0-acre parcel currently in Yamhill County will be annexed by City of Newberg, which has expressed strong support given documented 20-year industrial land supply shortfall. Newberg hosts a sophisticated manufacturing ecosystem led by DCI International (Dental Equipment, world's largest dental equipment Replacement Parts manufacturer ) A-dec Inc. (world's largest dental equipment manufacturer, 950+ employees), Precision Castparts Corp., HP Inc., and Cascade Steel Rolling Mills. The city offers access to Portland metro's skilled workforce and infrastructure while maintaining competitive operating costs and exceptional quality of life. Ideal for advanced manufacturing, food/beverage processing, distribution/logistics, technology R&D campus, industrial flex, or build-to-suit development. Scalable configuration allows single-user campus or phased development strategies.

FOR SALE DETAILS

PRICE

$5,400,000 USD

PRICE/ACRE

$606,060/AC

PRICE/SF

$14 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Newberg Industrial Land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

8.91 AC

LAND SF

388,120 SF

OFFSITE IMPROVEMENTS

-

ZONING

M1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Philip HigginsPacific Crest Real Estate AdvisorsMore Info
503-793-9039

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Philip HigginsPacific Crest Real Estate AdvisorsMore Info
503-793-9039

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.