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16868 S Livesay Rd Oregon City, OR 97045

Land Google Maps
7.89 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US71-0178405

Property summary

AI-generated overview

This exceptional 7.89-acre parcel in Oregon City, Oregon (APN: 00559345; 00559381), presents a remarkable opportunity for residential development. Located at 16868 S Livesay Rd, 97045, this property is zoned RSFR and offers significant potential for various housing types. Preliminary estimates suggest the possibility of creating 3,000-5,000 square foot lots, accommodating townhomes, multi-family units, and detached single-family homes. Buyers are advised to independently verify development density with the City of Oregon City to determine the exact buildable potential. An adjacent 18.01-acre lot (under separate ownership) offers the potential for a combined 25.90 acres, potentially yielding an estimated 190-220 total lots or units. This prime location in Clackamas County provides easy access to local amenities and services. The asking price for this exceptional development site is $3,999,000. The seller is Carol Edwards, and Stewart Title with Zach Bay in Lake Oswego is the preferred escrow company. Prospective buyers should conduct their own due diligence. No trespassing is permitted on the property.

Property profile

Verified
Property type Land
Lot 7.89 ac (343,688 SF)
UPID US71-0178405

Cap rate & NOI

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

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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