Development opportunity in growing East Albany! Approximately 4.47 acres of vacant R-5 residential land offering excellent potential for future single-family residential development or subdivision. Mostly level terrain with frontage along paved Goldfish Farm Road SE and public utilities available in the area. Conveniently located near schools, shopping, services, public transportation and major arterials, with easy access to Highway 20 and I-5. East Albany continues to experience residential growth and investment, making this a compelling opportunity for a builder, developer or long-term investor. A portion of the property includes designated wetlands and floodplain, allowing for thoughtful site planning around the developable areas. Buyer to perform all due diligence regarding permitted uses, density, utilities, wetlands, floodplain and development potential.
East Albany, located between the Willamette River and Interstate 5, is a residential and commercial Albany neighborhood with river-adjacent greenways and big-box corridors. The neighborhood’s character concentrates around the Pacific Blvd SE and 9th Ave SE crossroads, where auto-oriented storefronts, casual eateries, and everyday services line wide arterials. Mid-century ranch homes and newer subdivisions sit on curving streets, while larger parcels and light industrial edges appear closer to the freeway. Timber-Linn Memorial Park and the Periwinkle Creek greenbelt set a relaxed, outdoors-forward rhythm. The Albany Golf Club and the Linn County Expo Center add weekend-scale activity without changing the low-rise feel. Across the river, downtown’s historic blocks remain a short drive for galleries and dining.
Provided by Walk Score and Local Logic
Market insights
Gold Fish Farm Rd · $339,900
DAYS ON MARKET
1 days
The average home goes pending in 83 days.
SALE-TO-LIST
99.1%
Most homes are selling 1% below list price.
LIST PRICE
$339,900
Median sale price in this area is $436,069. (28% higher than this home)
PRICE DROP
0 price drops
29% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Raw land (no existing structures)
No view indicated
Heating & cooling
No heating
No cooling
Exterior features
Level land
Property lies in a flood zone
On bus line
Frontage on a public road
Paved road access
Directions: I-5 to Knox Butte Rd exit, east on Knox Butte Rd, south on Goldfish Farm Rd SE to property
Home design
Land parcel intended for single-family residence
Unimproved/raw land
Construction
No existing structures
Utilities
Electricity available
Water available
Public sewer available
HOA & community
Zoned R-5
Financial info
No land lease
Other
Lot size approximately 4.47 acres (listed 3 to 4.99 acres)
Electricity and solar
View estimated energy costs and solar savings for this home
8.91 acres zoned Urban Growth Area-Urban Growth Management (UGA-UGM). Buyer to complete all due diligence related to the current and potential uses of the property. Refer to Linn County– Urban Growth Area Zone Code. Small portion in flood plain-see map in pictures.
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Style
Single Family Residential
County
Linn County
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Last updated by owner on Sep 18, 2026.
Historical weather
Albany, OR • 97322
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Sun exposure
In this area, properties receive around 10.2 hours in
June and 2.1 hours in December, placing it below the
U.S. average for solar exposure.
10.2 hrs
2.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for Gold Fish Farm Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $326,000 and $439,900.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $326K to $440K.