McMinnville Airport #D-3, McMinnville, OR 97128 | MLS #433007715 | Berkshire Hathaway HomeServices Northwest Real Estate
 
Listing provided courtesy of Coldwell Banker Professional- MLS# 433007715MLS Provider

McMinnville Airport #D-3McMinnville, OR 97128

Commercial · 884 Sq. ft. | 0.03 Acres
$75,000 Active

McMinnville Airport #D-3 Overview

Time on Site:
151 days
Visits:
14

Aircraft hangar located at McMinnville Municipal Airport (KMMV), Unit D-3, offering on-field access and proximity to established aviation businesses. T-Hangar features a wide sliding door with approximately 40'6 width and 10'4 height clearance, concrete slab floor, clear-span interior, insulated wall panels, fluorescent lighting, and 20-amp electrical service. Exterior pedestrian access door and paved apron/taxi access in front of hangar. Ground lease with the City of McMinnville in place through 6/30/2032, with open-ended 5-year renewal options per lease terms. Annual land lease adjustments based on CPI-W (currently 2.8%). Annual HOA dues of $750 include land lease, insurance, and basic utilities. Hangar row includes exterior water faucets. Per lease agreement, hangar use is restricted to aeronautical purposes, specifically aircraft parking and storage. Located within the active KMMV airport environment alongside general aviation, commercial aviation, maintenance, and helicopter operations. Convenient access to McMinnville city center and nearby aviation landmarks, including the Evergreen Aviation & Space Museum. Opportunity to secure long-term aircraft storage at a growing regional airport in Yamhill County.

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McMinnville Airport #D-3 Facts & Features

  • Type Commercial
  • Sq. ft. 884
  • Price/Sq.ft. $85
  • Lot 0.03 Acres

Details

General

Income/Expenses

  • Existing Lease Type: 5 - 10 Years Remaining,Lease Option
  • Gross Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1997

Business Information

  • Current Use: Other

Location/Region

  • Country: US
  • County Or Parish: Yamhill
  • MLS Area Major: 156 - Yamhill County including Willamina

Rent/Lease Information

  • Lease Amount: 750.0

Tax Information

  • Tax Annual Amount: 490.77
  • Tax Year: 2025

General Information

  • Inclusions: Building
  • Listing Terms: Cash
  • Parcel Number: 510040
  • Property Condition: Existing
  • Property Sub Type: Other
  • Property Type: Commercial Sale
  • Zoning: M-2

Interior

Building Interior

  • Building Area Total: 884.0

General Information

  • Cooling: None
  • Heating: None
  • Stories: 1

Unit Information

  • Unit Number: D-3

Exterior

Lot Information

  • Lot Size Square Feet: 1306.0
  • Number Of Buildings: 1
  • Road Surface Type: Paved
  • Water Source: Community

Building Exterior/Construction

  • Construction Materials: Metal Frame,Metal Siding
  • Roof: Metal

General Information

  • Sewer: Other

McMinnville Airport #D-3 Neighborhood

Community

97128 (McMinnville) Demographics

40
Median Age
358
Population Density (per sq. mile)
37%
College Educated
$54,983
Estimated Median Income
9,374
Estimated Total Home Owners
5,015
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

McMinnville Airport #D-3 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

McMinnville Airport #D-3 Market Data

Based on the last 30 days in this zip code

$612,966
Average List Price
$297
Average Price per Square Foot
50
Properties Sold
94
Average Days on Market
250
Properties for Sale
Calculations provided by Reliance Network

McMinnville Airport #D-3 History

Date Event Value Agent
1/30/2026Source: Regional MLS Added to Database
January 30, 2026
2/22/2024Source: Regional MLS Status Change
Sold
2/13/2024Source: Regional MLS Status Change
Pending
2/6/2024Source: Regional MLS Added to Database
February 06, 2024