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    1045 SW 53Rd St Corvallis, OR 97333

    For Sale
    $1,900,000

    LAND - Corvallis, OR

    Lot size:
    1.71 Acres
    Days on Market:
    9
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 1045 SW 53Rd St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RS-6
    APN
    142525
    Lot size
    1.71 Acres

    ReMax Integrity (541) 302-4896 [email protected]

    Listing agent Michael Krasilovsky (541) 766-2000

    Listing date Dec 5, 2025

    MLS# 766093448 Listing URL

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corvallis Land with Redevelopment Potential

    This 1.71-acre property in Corvallis, Oregon, presents a redevelopment opportunity. Zoned RS-6, the two level, buildable tax lots are suitable for cottage clusters, single-family homes, multifamily development, or a townhome project with a potential of up to approximately 41 units. An existing well-maintained 3-bedroom, 2-bath home is located on the property and could be retained. The property is situated on a multi-use path, offering convenient access to Oregon State University, Bald Hill trails, shopping, and downtown Corvallis. It also features views of Mary's Peak. Prospective buyers are advised to conduct their own due diligence regarding all aspects of the listing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corvallis
    County
    Benton
    State
    Oregon
    Longitude
    -123.312018
    Latitude
    44.55116

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    FAQs

    What type of property is this?
    Land - 1.71-acre property zoned RS-6, ideal for redevelopment.
    Where is this land located?
    The property is located at 1045 SW 53Rd St Corvallis, OR.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - Prime 1.71-acre property with redevelopment potential.; - Zoned RS-6, ideal for various development projects.; - Buildable tax lots allowing for up to ~41 units.
    (541) 766-2000
    Request Owner's contact information
    1045 SW 53Rd St Corvallis, OR 97333
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    Corvallis, OR 97333
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1045 SW 53Rd St Corvallis, OR 97333
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