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  1. Commercial Properties
  2. OR
  3. Lafayette
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For Sale

Wine Country Development Land

215 West 5th Street, Lafayette, OR 97127

215 5th Street is located in the heart of Lafayette, a charming and rapidly growing community in Yamhill County. Ideally situated between McMinnville and Newberg along Highway 99W, Lafayette offers convenient access to major employment hubs, wineries, and recreational destinations throughout Oregon’s renowned Willamette Valley. The property is within walking distance to local parks, schools, and essential amenities, making it an attractive location for residential development. Its central location in a well-connected small town provides a rare balance of lifestyle, affordability, and accessibility. As the region continues to grow, Lafayette is increasingly sought after by developers looking to meet the demand for quality housing in a livable, community-oriented setting.R-2 MULTI-FAMILY DEVELOPMENT LAND 50+ UNIT POTENTIAL OFF 99W

Key features

  • 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.
  • 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.
  • 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.
  • 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.
  • 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).
  • 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.
  • Utilities Available at Street: Access to water, sewer, and power nearby can streamline permitting and reduce development costs.
  • Walkable Location: Close to schools, parks, and local amenities — a selling point for future residents and developers focused on livability.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Jake Holman

Norris & Stevens

Building Details

  • For Sale $799,000
  • Property Type VacantLand
  • Lot Size 6.47 Acre
  • Date Updated Mar 31, 2026

Attachments

  • Property Brochure 1 ()opens in new window

Getting Around

  • Walk Score ®

    Somewhat Walkable (56)
  • Bike Score ®

    Somewhat Bikeable (43)
Powered by Walk Score ®

Location

  • City Lafayette, OR
  • Zip Code 97127
  • Map
  • Street

Points of Interest

Pacific Pride

2.73 miles

Circle K

3.33 miles

Chevron

4.25 miles

ARCO

5.99 miles

Blink

8.70 miles

C

8.20 miles

D

8.29 miles

A

8.35 miles

F

8.51 miles

B

8.55 miles

Blue Dolphin Car Wash

9.11 miles

The Joel Palmer House

2.68 miles

Subway

2.76 miles

Mazatlan

2.80 miles

Chipotle

2.84 miles

Arby's

2.85 miles

KFC

2.91 miles

Jack in the Box

2.92 miles

Panda Express

3.00 miles

Burger King

3.08 miles

WinCo Foods

2.83 miles

Walmart

2.97 miles

Safeway

2.97 miles

Ross

3.03 miles

Marshalls

3.07 miles

Harvest Fresh

4.59 miles

Albertsons

5.47 miles

Roth's Fresh Markets

5.55 miles

Bi-Mart

5.63 miles

Walmart Pharmacy

2.99 miles

Safeway

2.99 miles

Oregon State Police McMinnville Area Command

3.38 miles

Willamette Valley Medical Center

3.97 miles

Rite Aid

4.10 miles

McMinnville Health Mart

4.61 miles

McMinnville Fire Department

4.69 miles

McMinnville Police Department

4.74 miles

Carlton Fire District

4.85 miles

215 West 5th Street Listing Summary

  • What is the asking price at Wine Country Development Land?

    Wine Country Development Land is currently listed for sale at Contact for pricing.

Contact Listing Broker
broker
Jake Holman

Norris & Stevens

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