Exceptional 5.4 acre parcel located in the McMinnville city limits. All city services available to this site. Property is currently zoned M1 industrial but falls within the 3 Mile Lane Area Plan for the City of McMinnville. This property has been identified in that plan as a potential R4 multifamily property which paves the way for a Zone and Comprehensive Plan map change. Please note one of the sellers is a licensed real estate broker in the State of Oregon. THIS PROPERTY HAS NO STREET ADDRESS YET, it is a flag lot behind 2320 SE Stratus Avenue. Please contact the listing broker for this parcel, not the shop that has this address.