About This Home
This land at Timber Ridge St in Albany, OR is listed for $2,595,000 (10.45 acres).
Key Features
- 10.45 acre lot
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
Timber Ridge St
Albany, OR 97322
Questions & Answers
This 0-bedroom, 0-bathroom land at Timber Ridge St is listed at $2,595,000. The estimated monthly payment is $13,879 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 10.45 acre lot.
This property is listed by Javier Alomia and can be reached at 5037378010.