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Property profile & analytics
FOR SALE
Specialty properties

1505 Boones Ferry Rd NE Woodburn, OR 97071

74.65 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US71-0980601
1505 Boones Ferry Rd NE, Woodburn, OR 97071 For Sale
$5,200,000
1505 Boones Ferry Rd NE, Woodburn, OR 97071
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Use group SBE - SPECIAL ASSESSMENTS
Lot 74.65 ac (3,251,754 SF)
Zoning code UT20
APN 052W13 01200
UPID US71-0980601
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
BURLINGHAM FARMS INC
BURLINGHAM FARMS INC
Zoning & alternative use
UT20 · Woodburn, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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