Technical
Financial
Distress signals
Property profile

1464 Timber St Albany, OR 97322

OFF-MARKET
Land
20.74 ac lot
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Property summary

AI-generated overview

This exceptional 20.74-acre parcel presents a prime development opportunity in Albany, Oregon. Located in Linn County at 1464 Timber St SE, 97322, this flat land boasts convenient access to Interstate 5 (both North and South) and Highway 20, ensuring excellent connectivity. The property comprises five tax lots, zoned UGA-UGM-5, offering flexibility for various commercial and residential projects. Its strategic location near the Walmart Supercenter provides high visibility and potential synergy. The City of Albany has expressed interest in collaborating with developers on this site, and preliminary site development documents are available. This listing is for the entire 20.74-acre tract. The asking price is $4,706,017. Prospective buyers are responsible for conducting their own due diligence regarding intended use and feasibility studies. This is a rare opportunity to acquire a significant land holding in a rapidly growing area with strong infrastructure and community support. The property's size and zoning make it ideal for a variety of large-scale developments. Don't miss this chance to secure a valuable asset in a desirable location.

Property profile

Verified
Property type Land
Lot 20.74 ac (903,434 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1464 Timber St Albany, OR 97322
Albany metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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