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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

• Residential Zoning with Development Flexibility: Zoning allows for a range of housing types, making the property well-suited for developers seeking to implement their own site plan and product mix rather than inherit pre-set designs.
• Strong Regional Connectivity: Located near Highway 99E with convenient access to I-5, providing efficient north–south connectivity to Salem (± 25 minutes), Corvallis (± 15 minutes), Eugene (± 40 minutes), and the broader Willamette Valley.
• Utilities in the Vicinity: Water, sewer, and power are available nearby, supporting streamlined infrastructure planning and reducing upfront development hurdles.
• Growing Housing Demand in Albany: Albany continues to see population growth and sustained housing demand driven by regional employment, affordability relative to larger metros, and its central Willamette Valley location.
• Infill-Style Location with Nearby Amenities: Positioned within an established area near employment centers, schools, and services, enhancing future resident appeal and long-term rental or for-sale performance.
• Rare Vacant Residential Development Opportunity: One of the few remaining vacant residentially zoned parcels of scale in this submarket, offering developers a chance to execute a custom project in a supply-constrained environment.

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.