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    Property profile & analytics

    Highway 99E Albany, OR 97321

    • Land
    • 5.42 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Highway 99E

    Lot size
    5.42 lot acres
    Property type
    Land

    Description

    This exceptional 5.42-acre development site presents a unique investment opportunity in Albany, Oregon. Strategically located just off Highway 99E/Pacific Blvd, this property is zoned Office Professional District (OPD), a transitional zone permitting both residential and limited commercial uses. Pre-existing site plans, designed to accommodate the presence of onsite wetlands, detail a potential development of 36 residential units (18 on each side of the parcel). The OPD zoning allows for a blend of residential and commercial uses, making this land ideal for a mixed-use project. The property's prime location offers convenient access to major transportation routes and established amenities. Detailed zoning information is available through the City of Albany website. This 5.42-acre parcel is offered at an attractive price of $675,000, presenting a compelling opportunity for developers seeking a versatile and well-situated project in a growing Oregon community. The address is Hwy 99E NE, Albany, OR 97321, within Linn County.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Linn
    State
    Oregon
    Longitude
    -123.11
    Latitude
    44.5851

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      17,328 SF

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      APARTMENT HOUSE (5+ UNITS) • 17,328 SF
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      APARTMENT HOUSE (5+ UNITS) • 12,098 SF
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    Highway 99E
    Albany, OR 97321
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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