North Albany
For sale
Price
Beds/baths
Home type
North Albany, OR Homes for Sale
One of the last major multifamily development opportunities left in popular North Albany. Property should support 120-150 units prior to any bonus densities. The property is level with no wetlands or natural resource overlay. Previous Conditional Approval for a 36-lot SFR subdivision was granted in 2015 and expired in 2018. Conveniently located near downtown Albany, yet only 15 minutes to I-5 or Oregon State University. Valuable storm drain easement exists over adjoining parcel to the south.
Beautiful Northwest Albany wooded lot offering a secluded environment close to town. Wildlife & tranquility are yours as well as a wonderful neighborhood & plenty of places to walk the dog! Build your own home in this safe nitch in the world. This property is being offered by contiguous homeowners who have continued to enjoy the location & the neighboring property owners. Explore North Albany Park & the mountain views! City water & sewer is available but not onsite. Corners are marked. Lot drains well.
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Rare opportunity for multifamily developers. North Albany is a highly sought after and booming area. 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.