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Landess Rd - Landess multifamily development land 2.56 Acres of Residential Land Offered at $661,109 CAD in Cottage Grove, OR 97424

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INVESTMENT HIGHLIGHTS

  • R2 zoning allows for a multitude of options making for a RARE chance to own and develop 2.5 acres with a 20 unit minimum and 30 unit maximum.

EXECUTIVE SUMMARY

Opportunity Knocks! R2 zoning allows for a multitude of options making for a RARE chance to own and develop 2.5 acres with a 20 unit minimum and 30 unit maximum multifamily complex with preliminary approval with the City of Cottage Grove. Electricity available at lot line. Sewer in the street. Water main on the property with 6" tap. RMLS#:137468956

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER AC (CAD)
Taxes $1,059 $413.73
Operating Expenses - -
Total Expenses $1,059 $413.73

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes (CAD)
Annual $1,059
Annual Per AC $413.73
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $1,059
Annual Per AC $413.73

PROPERTY FACTS

Price $661,109 CAD
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Apartment Units - Subsidized
Total Lot Size 2.56 AC
Zoning R2 - R2 zoning in Oregon is a medium-density residential zone that typically allows for single-family homes, duplexes, and manufactured homes, while also p

1 LOT AVAILABLE

Lot 1200

Price $661,109 CAD
Price Per AC $258,245.63 CAD
Lot Size 2.56 AC

Map & Taxlot # 20-03-33-11-01200

  • Listing ID: 38395532

  • Date on Market: 2025-11-10

  • Last Updated:

  • Address: Landess Rd, Cottage Grove, OR 97424

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