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287 E 3rd St - 287 E 3rd St, Lowell, OR 97452 MLS#346012767 2.12 Acres of Residential Land Offered at $1,855,645 CAD in Lowell, OR 97452



INVESTMENT HIGHLIGHTS
- Tentative subdivision approval confirms city support and clear next steps.
- Quick access to Eugene/Springfield makes it attractive for buyers and investors.
- Limited supply of buildable land in Lowell increases demand for new homes.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $1,855,645 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Build to Suit | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 2.12 AC |
| Zoning | R-1 - medium to high-density residential areas, allowing for a mix of housing types like single-family homes, duplexes, townhouses, and low-rise apartments | ||
| Price | $1,855,645 CAD |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 2.12 AC |
| Zoning | R-1 - medium to high-density residential areas, allowing for a mix of housing types like single-family homes, duplexes, townhouses, and low-rise apartments |
1 LOT AVAILABLE
Lot
| Price | $1,855,645 CAD | Lot Size | 2.12 AC |
| Price Per AC | $875,304.44 CAD |
| Price | $1,855,645 CAD |
| Price Per AC | $875,304.44 CAD |
| Lot Size | 2.12 AC |
Flat terrain, fully prepared for development. All infrastructure and utilities available at the property line. Tentative subdivision approval confirms city support and clear next steps.
DESCRIPTION
Exceptional development opportunity in Lowell, just 20 minutes from Eugene. This 2.12-acre parcel includes tentative subdivision approval with the City of Lowell for 11 total lots, offering builders and investors a major head start on a highly desirable small-scale subdivision. The property also includes an existing newly remodeled 2 bedroom home that is currently rented month-to-month, providing income during the development process. The site is largely cleared, utilities are nearby, soils are favorable, and the project aligns with Lowell’s current residential growth needs.This is an ideal opportunity for a builder or developer seeking a manageable, profitable project supported by city momentum. More information regarding pre approval packet with the City of Lowell, engineers concept plans, and city correspondence available.
Presented by
287 E 3rd St - 287 E 3rd St, Lowell, OR 97452 MLS#346012767
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