1661 E LINCOLN RD, Woodburn, OR 97071

Listing Courtesy of Berkshire Hathaway HomeServices Real Estate Professionals.

$599,000

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List Price
$599,000
Status
ACTIVE
Days on Market
223
MLS#
495624011
Subtype
Single Family Residence
Lot Size
101,059
Acres
2.32
MLS Area Major
Marion Co: Except Salem and Keizer

Property Description

Desirable development parcel in Woodburn Oregon offering 2.32 acres of flat usable land within the city Urban Growth Boundary. Upon annexation the property is planned for residential zoning creating a clear pathway for future housing development. Utilities are located nearby allowing for orderly extension through the annexation and permitting process. The site is well positioned within an established growth corridor and benefits from proximity to Interstate 5 providing efficient regional access between Salem and Portland. Preliminary design work indicates potential for twenty four townhome lots with typical lot widths in the range of twenty to twenty five feet subject to final land use approvals and engineering. The flat topography supports efficient site planning and construction. Woodburn is experiencing continued population growth and housing demand as part of the greater Willamette Valley and is actively planning for future residential development to meet that demand. Woodburns strategic location along the Interstate corridor combined with its expanding employment base and access to regional markets supports a range of residential product types. This parcel presents a compelling opportunity for builders and developers seeking a well located infill style development site within a growing city. The property offers a rare chance to add new housing supply in a market with long term growth fundamentals and supportive planning framework.

Additional Information

Zoning
RS
Elementary School
Lincoln
Middle School
French Prairie
High School
Woodburn

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