0 Chimes Crst, Warren, OR 97051
This exceptional 17.54-acre property in St. Helens, Oregon, presents a compelling investment opportunity for residential development. Located in Columbia County and zoned R-10, this land offers two distinct development paths. Option one allows for the creation of estate lots, each one acre or larger, utilizing on-site septic systems and city water. Option two involves developing 37+ lots, ranging from 10,000 to over 20,000 square feet, leveraging Columbia City water and sewer (if needed). Preliminary work is already complete, including a survey, traffic impact analysis, topography study, geotechnical report, and Level 1 environmental assessment. The property boasts paved frontage and potential for stunning Columbia River and mountain views from many lots. The asking price is $925,000, and seller financing may be available. The property's APN is 15801; 15669. This is a rare chance to acquire a well-positioned parcel with significant development potential in a desirable Oregon location. The address is 0 Chimes Crest, St. Helens, OR 97051.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.