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.
Active
$2,595,000
SE Timber Off, Albany, OR 97322
--beds
0baths
10.45Acres
Unimproved Land, Multi Family
Built in ----
10.45 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Mostly level terrainRegular shape
- 9 hours
- 10
- 0
Zillow last checked:
Listing updated:
Listed by:
Javier Alomia 503-737-8010,
Real Broker
Source: RMLS (OR),MLS#: 528016385
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 10.45 Acres
- Features: Cleared, Level, Acres 10 to 20
Details
- Parcel number: Not Found
- Zoning: RM
Utilities & green energy
- Utilities for property: Electricity Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Annual tax amount: $7,301
- Date on market: 9/18/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Listed for sale | $2,595,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 97322
Nearby schools
Schools provided by the listing agent
- Elementary: Meadow Ridge
- Middle: Timber Ridge
- High: South Albany
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







