840 Airport Rd SE - Residential LAND FOR SALE


Albany, OR 97322 281,398 SF
$2,250,000 USD
503-225-8444
840 Airport Rd SE, Albany, OR for Sale
$2,250,000 USD
Residential LAND - FOR SALE
1/8
281,398 SF

840 Airport Rd SE
Albany, OR 97322


HIGHLIGHTS

  • Close to I-5, Heritage Mall, and Swan Lakes
  • Near major roads and transportation routes
  • Strong local housing demand driven by population growth
  • Located in Willamette Valley with steady regional expansion
  • Reports completed and permits prepaid

OVERVIEW

This offering includes two prime parcels—3.22 acres and 3.24 acres—zoned RS-5 and located in Albany, OR, just south of Swan Lakes and under half a mile from Heritage Mall. With proximity to major transit corridors, established infrastructure, and a strong local community, the property is well-positioned for immediate development. A fully approved Planned Development covers the combined 6.5 acres and includes entitlements for: • A 44-unit multifamily project across four buildings • 11 single family homes • 31 garage/storage units (10'x20') The project is shovel-ready: civil engineering and architectural plans are complete and stamped, landscape and erosion control plans are approved, permits are purchased, tree removal and wetland delineations are done, and all site improvements are ready to begin.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/ACRE

$348,297/AC

PRICE/SF

$8 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Franklin Reserve Development Land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Single Family Development

LAND ACRES

6.46 AC

LAND SF

281,398 SF

OFFSITE IMPROVEMENTS

-

ZONING

RS-5

APN/PARCEL ID

0108411

ASK ABOUT THIS PROPERTY

Mike BrownNorris & Stevens, Inc.More Info
503-225-8444

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Mike BrownNorris & Stevens, Inc.More Info
503-225-8444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.