1505 Boones Ferry Rd Woodburn, OR 97071
- Specialty properties
- 74.65 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 1505 Boones Ferry Rd
- Lot size
- 74.65 lot acres
- Zone code
- UT20
- Property type
- Specialty properties
- APN
- 052W13 01200
- APU
- 052W1301200
Description
This exceptional 74.65-acre commercial land parcel presents a significant development opportunity within Woodburn, Oregon's urban growth boundary. Currently zoned UT-20, upon annexation into the city limits, the property will be rezoned to RS, a low-density residential designation within Woodburn's zoning plan. This allows for a variety of residential development options. Adding to its versatility, a nodal development overlay provides flexibility in building types, even permitting limited commercial development. The site boasts a desirable flat topography, simplifying construction and maximizing usable space. Its strategic location offers convenient proximity to local schools and parks, enhancing its appeal to future residents. The asking price is $21,275,250, translating to $285,000 per acre. The property is served by Woodburn municipal utilities, ensuring readily available infrastructure. Portland General Electric (PGE) is the regional power provider. This large-scale development opportunity is ideally suited for a discerning investor seeking to capitalize on the growth potential of Woodburn, Oregon. The address is 1505 Boones Ferry Rd NE, Woodburn, OR 97071, located in Marion County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Woodburn
- County
- Marion
- State
- Oregon
- Longitude
- -122.876
- Latitude
- 45.1307
- CBSA code
- 41420
- CBSA name
- SALEM, OR METROPOLITAN STATISTICAL AREA
