Timber Ridge ST, Albany, OR 97322
- $2,595,000
- List Price
- $2,595,000
- Days on Market
- 0
- MLS#
- 528016385
- Property Type
- Land
- Lot Size
- 10 to 19.99 Acres
- Region
- Linn County
- Status
- ACTIVE
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.
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Additional Information
- Tax Amount
- $7,301
- High School
- South Albany
- Elementary School
- Meadow Ridge
- Middle School
- Timber Ridge
- Acres
- 10.45
- Property Type
- Multi Family
- Terms
- Cash, Conventional
- Utilities Included
- Electricity Available, Public Sewer, Water Available
- Present Use
- Multi Family, Raw Land
- Road Surface
- Paved
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Listing courtesy of Real Broker.
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