What is the asking price for Wine Country Development Land?

The lease rate for space here is Contact for pricing.

What is the total size of Wine Country Development Land?

The total area of Wine Country Development Land is 6.47 Acres.

How many parking spaces are available at Wine Country Development Land?

Parking information for the property isn't currently listed. However, other nearby parking options include E, located 8.18 miles away , and C, which is 8.20 miles away.

215 West 5th Street, Lafayette, OR 97127

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

Description

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

Highlights

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.