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840 Airport Rd SE | Albany Albany, OR 97322

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For Sale
$2,250,000

Two prime parcels in Albany, OR, ready for immediate development.

Property size:
6 SF

Property Features for 840 Airport Rd SE | Albany

General Information

Size
6 SF

Source: Mike Brown, CCIM Agent Mike Brown, CCIM

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Albany Land Parcel for Development

This offering features two parcels, one of 3.22 acres and the other of 3.24 acres, zoned RS-5 in Albany, Oregon. Situated south of Swan Lakes and less than half a mile from Heritage Mall, the property benefits from its proximity to major transit corridors, established infrastructure, and a strong local community. The location in the Willamette Valley is experiencing steady regional expansion. A fully approved Planned Development covers the combined 6.5 acres, including entitlements for a 44-unit multifamily project across four buildings, 11 single-family homes, and 31 garage/storage units measuring 10'x20'. The project is shovel-ready, with completed and stamped civil engineering and architectural plans. Landscape and erosion control plans are approved, permits are purchased, tree removal and wetland delineations are complete, and all site improvements are ready to begin. The property is near major roads and transportation routes, close to I-5, Heritage Mall, and Swan Lakes. Strong local housing demand is driven by population growth. Reports are completed and permits prepaid.
Property Profile Insight Report 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 Building Supply Clothing Store Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Albany
County
Linn
State
Oregon
Longitude
-123.0631532
Latitude
44.6338484

FAQs

What type of property is this?
Residential land & home lot - Two prime parcels in Albany, OR, ready for immediate development.
Where is this residential land & home lot located?
The property is located at 840 Airport Rd SE | Albany Albany, OR.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: - Shovel-ready development: **All permits purchased, plans approved, and site work completed for immediate construction.**; - Fully approved Planned Development: Includes entitlements for a 44-unit multifamily project, 11 single-family homes, and 31 storage units.; - Prime location in Albany, OR: Close to I-5, Heritage Mall, and Swan Lakes.
More about this property
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