$2,595,000
 $13,931 est/mo Sourced by Back At You

Timber Ridge St,Albany, OR 97322

Albany, OR 97322

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Description

Development opportunity in growing East Albany! Approximately 10.45 acres of vacant land zoned RM - Residential Medium Density, offering excellent potential for future multifamily residential development. Mostly level terrain with a regular shape provides flexibility for site planning and development. Conveniently located near Meadow Ridge Elementary and Timber Ridge School, with easy access to shopping, services, major arterials and I-5. The surrounding East Albany area continues to see residential growth and investment, creating an attractive opportunity for a multifamily developer, builder or long-term investor. The property is outside known high-risk flood zones, although portions include designated wetlands. Public utilities are available in the area. Buyer to perform all due diligence regarding permitted uses, density, utilities, wetlands and development potential.

Details

MLS #528016385
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site9
Listing Provided ByReal Broker | Javier Alomia

Features

ZoningRM
Acreage10.45

Interior

Heating YnNo
Cooling YnNo

Exterior

Lot FeaturesCleared, Public Road

Parking

Attached Garage YnNo

Utilities

UtilitiesElectricity Available, Public Sewer, Water Available

Taxes

Property7301

Area Information

StateOR
CountyLinn
CityAlbany
Zip Code97322
School DistrictSouth Albany
Elementary SchoolMeadow Ridge
High SchoolSouth Albany
Listing VS Median (in 97322)
Price:
$2,595,000
low | high
Med:
$420,000
100% of Average
On site:
9
low | high
Med:
1006
2% of Average
Sourced by Back At You

Market Activity 97322

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Madaire Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon.

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Learn More About This Property

StateOR
CountyLinn
CityAlbany
Zip Code97322
School DistrictSouth Albany
Elementary SchoolMeadow Ridge
High SchoolSouth Albany
Listing VS Median (in 97322)
Price:
$2,595,000
low | high
Med:
$420,000
100% of Average
On site:
9
low | high
Med:
1006
2% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.946M - $3.243M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
4325 SOMERSET DR NE Property Photo 1
$492,000
4325 Somerset Dr Ne
Albany, OR 97322
Listing Updated: September 25, 2026 at 11:24:27 PM PDT