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840 Airport Rd SE
Albany, OR 97322

$2,250,000 USD

Land For Sale  •  6.46 AC

Property Details

  • Property Type Land
  • Lot Size 6.46 AC
  • Tenancy Multiple
  • Zoning RS-5
0 Transit Score
43 Walk Score

Description

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.

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

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
6 min - 2.7 mi
David Chatfield 503-225-8487 Norris & Stevens, Inc.
David Chatfield 503-225-8487 Norris & Stevens, Inc.