Bought with HomeSmart Realty Group
$55,000
$75,000
26.7%For more information regarding the value of a property, please contact us for a free consultation.
0.41 Acres Lot
SOLD DATE : 10/07/2025
Key Details
Sold Price $55,000
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 719862124
Sold Date 10/07/25
Annual Tax Amount $758
Tax Year 2024
Lot Size 0.410 Acres
Property Sub-Type Mixed Use
Property Description
This property is zoned for both residential and commercial use. It is currently leased by the U.S. Forest Service, with 13 years remaining on the lease. A copy of the lease agreement will be included in the attached documents. This allows the new owner to collect rental income while planning future development. Potential for multifamily development—buyers to perform their own due diligence. The lot is flat, nicely situated, and offers significant potential. Excellent location and priced below assessed value.
Location
State OR
County Linn
Area _221
Zoning RES
Exterior
Utilities Available CableAvailable, ElectricityAvailable, NaturalGasAvailable, PublicSewer, WaterAvailable
View Territorial
Garage No
Building
Lot Description Flag Lot, Leased Land
Schools
Elementary Schools Foster
Middle Schools Sweet Home
High Schools Sweet Home
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
