2089 Valley View Dr, Albany, OR 97321
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.