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Listed by MARK SHADRIN • BERKSHIRE HATHAWAY HOMESERVICES R E PROF • Cell: 503-983-4405
$599,000
Est. payment /mo
2.32 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 837216
Annual Tax Amount $846
Lot Size 2.320 Acres
Acres 2.32
Property Sub-Type Commercial Land
Property Description
Desirable development parcel in Woodburn Oregon offering 2.32 acres of flat usable land within the city Urban Growth Boundary. Upon annexation the property is planned for residential zoning creating a clear pathway for future housing development. Utilities are located nearby allowing for orderly extension through the annexation and permitting process. The site is well positioned within an established growth corridor and benefits from proximity to Interstate 5 providing efficient regional access between Salem and Portland. Preliminary design work indicates potential for twenty four townhome lots with typical lot widths in the range of twenty to twenty five feet subject to final land use approvals and engineering. The flat topography supports efficient site planning and construction. Woodburn is experiencing continued population growth and housing demand as part of the greater Willamette Valley and is actively planning for future residential development to meet that demand. Woodburns strategic location along the Interstate corridor combined with its expanding employment base and access to regional markets supports a range of residential product types. This parcel presents a compelling opportunity for builders and developers seeking a well located infill style development site within a growing city. The property offers a rare chance to add new housing supply in a market with long term growth fundamentals and supportive planning framework.
Location
State OR
County Marion
Area 90 Marion County
Exterior
View Territorial
Building
Sewer Yes
Water City, Possible
Schools
Elementary Schools Lincoln
Middle Schools French Prairie
High Schools Woodburn
Others
Acceptable Financing First Trust Deed, Cash
Listing Terms First Trust Deed, Cash
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Angela Groves
Agent | EXP REALTY, LLC | License ID: 201204088




