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Land for Sale in Albany, Oregon

Timber Ridge St, Albany, OR 97322

$2,595,000
10.5 acres
Active sale
ago
Est $18,211/mo

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.

Location

Street address
Timber Ridge St
Zip code
97322
Elevation
227 feet
Coordinates
44.6467, -123.042

Directions

I-5 to Knox Butte Rd exit. East on Knox Butte Rd, south on Timber Ridge St SE to property.

Property details

Acreage
10.45 acres
Zoning
RM
MLS #
RMLS 528016385
Posted

Property taxes

Recent
$7,301

Legal description

Nearby schools

NameType
Meadow RidgeElementary
Timber RidgeMiddle
South AlbanyHigh

Listing history

DateEventPriceChangeSource
Sept 18, 2026New listing$2,595,000RMLS
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This 10.45-acre property is located at Timber Ridge St in Albany, OR 97322. The land is available for sale, priced at $2,595,000 — $248,325 per acre.

Listed by Real Broker, (855) 450-0442

Checked 2 hours agoUpdated Source

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