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840 Airport Rd SE - Franklin Reserve Development Land 6.46 Acres of Residential Land Offered at $3,140,820 CAD in Albany, OR 97322
INVESTMENT HIGHLIGHTS
- Close to I-5, Heritage Mall, and Swan Lakes
- Strong local housing demand driven by population growth
- Reports completed and permits prepaid
- Near major roads and transportation routes
- Located in Willamette Valley with steady regional expansion
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $3,140,820 CAD | Lot Size | 6.46 AC |
| Price Per AC | $486,195.06 CAD |
| Price | $3,140,820 CAD |
| Price Per AC | $486,195.06 CAD |
| Lot Size | 6.46 AC |
• Consist of 2 parcels, ± 3.22 AC and 3.24 AC • ± 4.70 AC of buildable land
DESCRIPTION
This offering includes two prime parcels—3.22 acres and 3.24 acres—zoned RS-5 and located in Albany, OR, just south of Swan Lakes and under half a mile from Heritage Mall. With proximity to major transit corridors, established infrastructure, and a strong local community, the property is well-positioned for immediate development. A fully approved Planned Development covers the combined 6.5 acres and includes entitlements for: • A 44-unit multifamily project across four buildings • 11 single family homes • 31 garage/storage units (10'x20') The project is shovel-ready: civil engineering and architectural plans are complete and stamped, landscape and erosion control plans are approved, permits are purchased, tree removal and wetland delineations are done, and all site improvements are ready to begin.
PROPERTY TAXES
| Parcel Number | 0108411 | Improvements Assessment | $0 CAD |
| Land Assessment | $209,768 CAD | Total Assessment | $209,768 CAD |
PROPERTY TAXES
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840 Airport Rd SE - Franklin Reserve Development Land
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