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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

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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

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. MLS#346012767

PROPERTY FACTS

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
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.

  • Listing ID: 38928284

  • Date on Market: 2025-12-30

  • Last Updated:

  • Address: 287 E 3rd St, Lowell, OR 97452

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