Timber Ridge ST, Albany, OR 97322

Property 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.