Property profile

2089 Valley View Dr Albany, OR 97321

OFF-MARKET
Land
Property ID
US71-0865394
7.19 ac lot
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Property summary

AI-generated overview

This exceptional 7.19-acre parcel presents a remarkable opportunity for residential development in desirable North Albany, Oregon. Located at 2089 NW Valley View Dr, Albany, OR 97321, this slightly sloped land is zoned RS-10, offering significant potential for single-family home construction. Conveniently situated, the property enjoys proximity to both Oregon State University (approximately 15 minutes away) and Interstate 5, enhancing its appeal and accessibility. Existing infrastructure includes water and sewer access on both the northern and southern boundaries. While currently zoned RS-10, the City of Albany has indicated a possibility of RS-5 zoning, although buyers are advised to conduct their own due diligence to verify zoning and confirm suitability for their intended development plans. An adjacent 4-acre parcel with identical zoning is also available for purchase, presenting a unique opportunity for larger-scale development. The asking price for this 7.19-acre lot is $2,600,000. All interested parties are responsible for conducting their own due diligence regarding the property's suitability for their specific development plans. This is a truly exceptional opportunity for developers seeking a prime location in a thriving community.

Property profile

Verified
Property type Land
Lot 7.19 ac (313,196 SF)
UPID US71-0865394

Cap rate & NOI

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

Location

2089 Valley View Dr Albany, OR 97321
Albany metro
Google Maps

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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