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Corvallis Land with Redevelopment Potential
For Sale
$1,900,000

1045 SW 53rd St, Corvallis, OR 97333

Land, Corvallis, OR

Property SizeContact for details
Lot Size1.71 Acres
Days on Market296

Property Features for 1045 SW 53rd St

General Information

Property type Land
Property subtype Other
Zoning RS-6
Elementary school Adams
Middle school Linus Pauling
High school Corvallis
Directions N on SW 53rd from Philomath Blvd, Home on R
Subdivision _220
Standard status Active
APN 142525
Lot size 1.71 Acres

Taxes and HOA fees

Tax Description 1.71 acres on 2 tax lots (#142525 and 142517)
Tax Annual Amount 5411
Legal Description 1.71 acres on 2 tax lots (#142525 and 142517)
Listing Agency: RE/MAX Integrity · RE/MAX International
Listed By: Michael Krasilovsky · License #201207776
Added: Dec 4, 2025 Changed: Sep 2 Last Checked: Sep 26 at 5:06PM
MLS# 766093448

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Big Box & Wholesale Store Restaurant Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

297
Businesses Nearby

Demographics for 97333, OR

22,941
Population
10,604
Households
2.2
Avg Household Size
31
Median Age
58%
College-Educated
97%
High-School Grad
112.0 sq mi
ZIP Area
205
Density / Sq Mi
$64,581
Median Household Income
$28,800
Median Earnings
$1,360
Median Rent
$482,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

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.
More about this property
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