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Property profile & analytics
OFF-MARKET
Land

0 Hooper St Woodburn, OR 97071

13.1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 13.1-acre land site in Woodburn, Oregon, presents a prime opportunity for multifamily development. Fully entitled for the construction of 407 apartment units, this property is offered at $14,245,000. Located in Marion County, with the address 0 Hooper St., Woodburn, OR 97071 (APN: 052W140002000), the site boasts convenient access to I-5 and 99E, placing it within easy reach of both the Portland (30 miles) and Salem (18 miles) metro areas. The CG zoning permits residential development. On-site utilities are available, and comprehensive plans are included in the sale. The site's strategic location near a future Amazon fulfillment center (1500+ employees) and the Woodburn Premium Outlets (100+ retail stores) further enhances its investment potential. Woodburn itself has a population of 25,788 with a median age of 33, indicating a strong potential tenant base. This is a truly remarkable opportunity to capitalize on the thriving growth of the region.

Property profile
Verified
Property type Land
Lot 13.1 ac (570,636 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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