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Listed by SMI Commercial Real Estate LLC
$ 1,200,000
Est. payment | /mo
4.84 Acres Lot
$ 1,200,000
Est. payment | /mo
4.84 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24413330
Annual Tax Amount $6,732
Tax Year 2023
Lot Size 4.840 Acres
Property Description
Fully entitled development opportunity in Woodburn! The current plan, designed by Studio 3 Architecture, comprises a spacious mix of (18) 2-bd, 1-ba units & (17) 3-bd, 2-ba units. Potential to value engineer & redesign the current layout to accommodate (41) 2-bd, 1-bth units. Recent ODOT approved 'Approach Upgrade' status provides $1M+ in development costs savings. With a vastly increased workforce stimulated by Amazon's new fulfillment center, Woodburn's population is projected to grow over 30% by 2030.
Location
State OR
County Marion
Area _170
Zoning MUV
Exterior
Utilities Available PublicSewer, WaterAvailable
Garage No
Schools
Elementary Schools Washington
Middle Schools Valor
High Schools Woodburn
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional