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Listed by Real Broker • 503-737-8010

$2,595,000

Est. payment - /mo

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10.45 Acres Lot

New

Timber Ridge ST Albany, OR 97322

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 528016385

HOA Y/N No

Annual Tax Amount $7,301

Lot Size 10.450 Acres

Property Sub-Type Multi Family

Property Description

Development opportunity in growing East Albany! Approximately 10.45 acres of vacant land zoned RM – Residential Medium Density, offering excellent potential for future multifamily residential development. Mostly level terrain with a regular shape provides flexibility for site planning and development. Conveniently located near Meadow Ridge Elementary and Timber Ridge School, with easy access to shopping, services, major arterials and I-5. The surrounding East Albany area continues to see residential growth and investment, creating an attractive opportunity for a multifamily developer, builder or long-term investor. The property is outside known high-risk flood zones, although portions include designated wetlands. Public utilities are available in the area. Buyer to perform all due diligence regarding permitted uses, density, utilities, wetlands and development potential.

Location

State OR

County Linn

Area _221

Zoning RM

Exterior

Utilities Available ElectricityAvailable, PublicSewer, WaterAvailable

Garage No

Building

Lot Description Cleared, Public Road

Schools

Elementary Schools Meadow Ridge

Middle Schools Timber Ridge

High Schools South Albany

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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