Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1132 Ellingson Rd Albany, OR 97322

    For Sale
    $495,000

    LAND - Albany, OR

    Lot size:
    4.77 Acres
    Days on Market:
    109
    Last Refresh:
    Dec 5 at 11:06 pm

    Property Features for 1132 Ellingson Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RS5
    APN
    0897334
    Lot size
    4.77 Acres

    Keller Williams Realty Mid Willamette (541) 738-7770 [email protected]

    Listing agent Paul Terjeson (541) 738-7770

    Listing date Aug 19, 2025

    MLS# 120312278 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

    Albany Development Site For Sale

    This 4.77+/- acre development site is located in Phase 2 of the Ellingson Farm Division, situated on Albany's rapidly growing south side. Zoned RS5, the property has approved plans for 15 lots. Water and sewer are stubbed at the line, and roads are present on two sides. The site is located near new subdivisions and major routes such as Hwy 34 and I-5. The property is almost shovel ready for a buildout or ideal for future investment. Sale is subject to the reconveyance once phase one final plat records. Application for wetland impacts is submitted and under review by DSL.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Building Supply Auto Repair Shop Hair Salon Kitchen & Bath Accounting Firm Cafe & Coffee Shop Plumbing Service Nursing Home Senior Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Linn
    State
    Oregon
    Longitude
    -123.087496
    Latitude
    44.588127

    Nearby Similar for Sale

    • $230,000
      5,976 SF

      Restaurant with Large Parking Lot

      Well-established restaurant on main road with high traffic.
      1206 SE 9Th Ave, Albany, OR 97322
      View Details
    • $420,000
      2,080 SF

      Albany Duplex with Large Yard

      Two homes in one with oversized backyard and bonus space.
      2522/2520 Main St SE, Albany, OR 97322
      View Details
    • New
      $220,000
      1,376 SF

      Freestanding Restaurant with Drive-Through

      Restaurant with drive-through, parking, and commercial kitchen for sale.
      1121 Pacific Blvd SE, Albany, OR 97321
      View Details
    • $950,000
      8,900 SF

      Historic Church with Flexible Space

      8,900 sqft historic church suitable for ministry or community programs.
      1099 SW Queen Ave, Albany, OR 97321
      View Details
    • $299,000
      1,093 SF

      Turnkey Medical Office Building

      Medical office building suitable for professionals and small businesses.
      905 Queen Ave SW, Albany, OR 97321
      View Details
    • Contact for pricing

      Versatile Albany Commercial Property For Sale

      6.84 acres with 46,287 SF across seven buildings.
      Albany, OR 97321
      View Details

    FAQs

    What type of property is this?
    Land - 4.77 acre development site in Albany's growing south side.
    Where is this land located?
    The property is located at 1132 Ellingson Rd Albany, OR.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - Approved plans for **15 lots on a 4.77+/- acre development site.**; - Located on Albany's rapidly growing south side near Hwy 34 and I-5.; - Zoned RS5 with water/sewer stubbed at the line and roads on two sides.
    (541) 738-7770
    Request Owner's contact information
    1132 Ellingson Rd Albany, OR 97322
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1132 Ellingson Rd
    Albany, OR 97322
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1132 Ellingson Rd Albany, OR 97322
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.