• The site offers potential for up to approximately 125 townhomes or 100+ multifamily units, subject to buyer's design, zoning interpretation, and municipal approvals.
• 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.
• 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.
• Predominantly flat topography helps minimize grading and site-work costs, improving overall project feasibility and design efficiency.
• Water, sewer, and power are available nearby, supporting streamlined infrastructure planning and reducing upfront development hurdles.
• 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.
• Positioned within an established area near employment centers, schools, and services, enhancing future resident appeal and long-term rental or for-sale performance.
• 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.
David Chatfield
Norris & Stevens, Inc.
