Woodburn, OR 97071,119 N Pacific HWY
Woodburn, OR 97071,119 N Pacific HWY
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Listed by SMI Commercial Real Estate LLC
$ 1,200,000
Est. payment | /mo

4.84 Acres Lot


Save
$ 1,200,000
Est. payment | /mo
Save

4.84 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24413330

Annual Tax Amount $6,732

Tax Year 2023

Lot Size 4.840 Acres

Property Description

Fully entitled development opportunity in Woodburn! The current plan, designed by Studio 3 Architecture, comprises a spacious mix of (18) 2-bd, 1-ba units & (17) 3-bd, 2-ba units. Potential to value engineer & redesign the current layout to accommodate (41) 2-bd, 1-bth units. Recent ODOT approved 'Approach Upgrade' status provides $1M+ in development costs savings. With a vastly increased workforce stimulated by Amazon's new fulfillment center, Woodburn's population is projected to grow over 30% by 2030.

Location

State OR

County Marion

Area _170

Zoning MUV

Exterior

Utilities Available PublicSewer, WaterAvailable

Garage No

Schools

Elementary Schools Washington

Middle Schools Valor

High Schools Woodburn

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

GET MORE INFORMATION

Victoria Wriglesworth

REALTOR®

+1(503) 780-6607

9200 SE Sunnybrook Blvd Ste 150, Clackamas, OR, 97015

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119 N Pacific HWY