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ENVIRONMENTAL ASSESSMENT
The Seller had a Phase I Environmental Site Assessment and
Focused Site Investigation prepared in July 2012, by JBR
EnvironmentalConsultants. Basedon these reports, theproperty
does not have any recognized environmental conditions. Both
reports are available as part of the Supplemental Information
Package with Bid Documents.
UTILITIES
The entire manufacturing complex is served by all utilities.
Power - Portland General Electric
Natural Gas - Northwest Natural
Water (10 inch main) / Sewer (15 inch main) - City of Sheridan
Cable/Internet - Wave Broadband
TAXES
Total 2017 real estate taxes are: $42,196
Building One - 112,540± square feet on 13.66± acres - $20,662
Building Two - 102,000± square feet on 10.59± acres - $21,533
ZONING
The property is zoned Industrial District (I) by the City of Sheridan, with the exception of tax lot 1801 which totals 3.7 acres, is part of the
Building One property, and is zoned Residential Medium Density (R-2.) It contains the fire suppression pond.
A wide range of manufacturing, assembly and secondary processing uses are allowed, along with warehousing and distribution. In addition,
many commercial uses are allowed, including mini-storage, equipment repair, equipment rental and sales, and other uses. Cultivation and
processing of marijuana is a permitted use in the Industrial District zoning.
The R-2 zoning would allow both single family and multi-family housing.
Zoning and contact information for City of Sheridan is included in the Supplemental Information Package.
WEST VALLEY ENTERPRISE ZONE
The City of Sheridan is within the West Valley Enterprise Zone, managed by the Salem-based Strategic Economic Development Corporation.
It offers eligible companies three to five year property tax exemptions on certain new capital investments that create jobs. Eligible investments
are new real property improvements, including buildings, major site improvements, large or immobile equipment, and tools.
Information pertaining to eligibility and incentives within the West Valley Enterprise Zone is available by contacting Chad Freeman,
SEDCOR, at
freeman@sedcor.comor 503-837-1800.
Please Note: Sketch plan is conceptual only. Neither the Seller nor its agents have submitted plan or made any applications to a public agency.
North side of Building One
For Supplemental Information, please email
info@rmnw-auctions.comBuilding One
Building Two
Highway 18
SE Sheridan Road
SE Jefferson St.
Portland &
Western Railroad
Multiple reuse options for both
properties, with opportunities to
accommodate additional improvements,
and for rail spur