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    702 Timber St SE Albany, OR 97321

    For Sale
    $400,000

    Land - Albany, OR

    Lot size:
    1.00 Acre
    Days on Market:
    83
    Last Refresh:
    Dec 14 at 12:06 pm

    Property Features for 702 Timber St SE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    947222
    Lot size
    1.00 Acre

    Building Details

    Architectural style
    Other

    EXP REALTY LLC (888) 814-9613 [email protected]

    Listing agent DEBORAH HAUER (888) 814-9613

    Listing date Sep 23, 2025

    MLS# 826958 Listing URL

    Copyright © 2025 Willamette Valley Multiple Listing Service. 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 Land Development Opportunity

    This is a prime development opportunity consisting of three 1-acre lots. The property is located in Albany, OR, and offers medium-density zoning. The zoning allows for subdivision into 1,500 sq. ft. lots, making the property suitable for a residential community or investment project. The option to annex into the city for sewer access streamlines infrastructure development. This property is located at 702 Timber St SE, Albany, OR 97321, in Linn County.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Linn
    State
    Oregon
    Longitude
    -123.053234
    Latitude
    44.64004

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    FAQs

    What type of property is this?
    Land - Three 1-acre lots suitable for residential development or investment.
    Where is this land located?
    The property is located at 702 Timber St SE Albany, OR.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Three 1-acre lots offer a prime development opportunity.; - Medium-density zoning allows for flexible development options.; - Potential to subdivide into 1,500 sq. ft. lots.
    (888) 814-9613
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    702 Timber St SE Albany, OR 97321
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    Albany, OR 97321
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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
    702 Timber St SE Albany, OR 97321
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