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Residential Development Land Lots
For Sale
$400,000
Pending

702 Southeast Timber Street Unit 702, Albany, OR 97322

Three one-acre lots with medium-density zoning, offering flexibility to subdivide into smaller residential lots.

Property Size43,560 SF
Lot Size3.00 Acres
Days on Market501

Property Features for 702 Southeast Timber Street Unit 702

General Information

Standard status Pending
Size 43,560 SF
Lot size 3.00 Acres
Property subtype Land / Mixed Use
Zoning see rem

Taxes and HOA fees

Annual Taxes $1,386
Listing Agency: eXp Realty, LLC
Listed By: Debi Hauer · License #201245729
Source: Compass
Added: Mar 27, 2025 Changed: Aug 8 Last Checked: Mar 30 at 2:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC

Investment Insights

Based on property information with market context.

This offering includes three separate one-acre lots positioned for residential development. The property is described as having medium-density zoning and flexibility to subdivide into smaller 1,500 square-foot lots.

The lots are located at 702 Southeast Timber Street, Unit 702, in Albany, Oregon 97322. The seller notes an option to annex into the city for sewer access, which would support infrastructure planning for development.

Interested parties can review the available configuration and development pathway as described, including the subdivision approach and the stated sewer-access annex option.

Key Highlights

  • Three 1‑acre lots totaling 3 acres
  • Medium‑density zoning with flexibility to subdivide into 1,500 SF lots
  • Option to annex into the city for sewer access to support infrastructure development

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Real Estate Agency Grocery & Convenience Store HVAC Service Daycare Center Catering Service

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

121
Businesses Nearby

Demographics for 97322, OR

37,148
Population
14,867
Households
2.5
Avg Household Size
37
Median Age
22%
College-Educated
91%
High-School Grad
63.3 sq mi
ZIP Area
587
Density / Sq Mi
$68,536
Median Household Income
$43,530
Median Earnings
$1,335
Median Rent
$321,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Three one-acre lots with medium-density zoning, offering flexibility to subdivide into smaller residential lots.
Where is this residential land & home lot located?
The property is located at 702 Southeast Timber Street Unit 702 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 totaling 3 acres; Medium‑density zoning with flexibility to subdivide into 1,500 SF lots; Option to annex into the city for sewer access to support infrastructure development
More about this property
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