Rare opportunity for multifamily developers. North Albany is 12 minutes to Corvallis and Oregon State University, and 10 minutes to I-5. All utilities are to or near the site. No regulated wetlands, no natural resource overlay, not in 100-year flood plain. RM Zone permits up to 154 units.
Vacant landProperty Type
6.19 acresLot Size
$226,171Price/Acres
Listed by Kenneth Marshall• Vintage Realty Northwest
Located just minutes from the most undersupplied and rent-burdened housing market in Corvallis, Oregon, and close to North Albany Village Shopping Center, this site offers RM Zoning which allows up to 150 units and allows single-dwelling units, townhomes, plexes, cottage clusters, and apartments up to 45 feet tall.* No wetlands. ODOT has approved that the current storm drain culvert is large enough to accommodate development. (*Buyer must verify with municipalities.)
RMLS #386628909
Aug 20, 2026
Sold
$1,400,000
Jun 19, 2026
Pending
—
Jan 1, 2026
Listed
$2,250,000
Greater Lansing AoR #822263
Nov 3, 2025
Listing Removed
—
Greater Lansing AoR #809679
Sep 30, 2024
Listing Removed
—
WVMLS #805984
Sep 15, 2023
Listing Removed
—
Jun 8, 2023
Listed
$2,250,000
WVMLS #764125
Jun 8, 2023
Listing Removed
—
Apr 5, 2023
Relisted
—
Jan 11, 2023
Contingent
—
Sep 28, 2022
Relisted
—
Mar 1, 2022
Contingent
—
Jun 4, 2021
Relisted
—
Mar 31, 2021
Contingent
—
May 29, 2020
Listed
$2,250,000
WVMLS #628110
Oct 1, 2010
Listing Removed
—
Sep 11, 2010
Contingent
—
Jun 2, 2010
Listed
$1,600,000
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Vacant Land
County
Benton County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Aug 21, 2026.
RM
Residential Medium Density District
The RM District is primarily intended for medium-density residential urban development that includes single-dwelling units, townhouses, duplexes, triplexes, fourplexes, cottage clusters, and apartments up to 45 ft tall. New RM districts should be located on a collector or arterial street or in Village Centers.
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Public Sewer, Water Available
Heating & Cooling
Heating YN: No
Cooling YN: No
Location
School Information
Elementary School: North Albany
Middle Or Junior School: North Albany
High School: West Albany
Location Information
Directions: State Hwy 20 to North Albany Road; North to Hickory St.; left to Adams; right to end of Hickory
Unparsed Address: 0 Hickory ST NW, Albany, OR 97321
Community Information
Zoning: RM
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Benton County
APN: —
Home facts updated by county records on Aug 21, 2026
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Remarks
Public Remarks Other Structures: Barn is of no value and will be removed during construction at developer's discretion.
Around this home
Schools
North Albany Elementary School
Public K-5 • Assigned • 0.5mi
6/10
North Albany Middle School
Public 6-8 • Assigned • 0.6mi
7/10
West Albany High School
Public 9-12 • Assigned • 1.5mi
8/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 92° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
12 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Albany, OR • 97321
Average low and high temperatures (°F)
48
34
51
37
58
43
65
44
71
49
77
53
86
57
85
60
78
55
64
46
53
43
50
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 11% for direct sun exposure in Albany. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.2 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.34M – $1.62M
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