$ 415,000
Highway 99W Corvallis, OR 97330
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Listed by Keller Williams Capital City • 503-930-1047
$ 415,000
Est. payment | /mo
10 Acres Lot
$ 415,000
Est. payment | /mo
10 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
MLS Listing ID 23169928
Annual Tax Amount $139
Tax Year 2022
Lot Size 10.000 Acres
Property Description
Builders Dream Investment Property! 10 acre property in N Corvallis on the corner of 99W and Crane. This property has future possibilities to be annexed into Camp Adair. Mostly fenced. Shared pond fed by spring. Access just South on Crane with 15 ft easement. Power near by. Approx 20 fruit trees on property. Please see syndicated remarks for more info. Buyer to do due diligence and check with county on current and future uses.Investment opportunity for builders/business: 10 acres south of Camp Adair. The City of Camp Adair recently expanded the Urban Growth Boundary to facilitate building multiple housing next to property (North side of Crane Lane) Per Camp Adair city Administration: expansion of the Urban Growth Boundary south side of Crane Lane (this acreage) will become necessary for future city expansion, per a multiple housing development. There is currently no time frame set as a builder would have to submit a proposal and get approval after purchasing the land. Another possibility:Currently in Benton County which requires farm or other income from property of $80,000 for two years to make building a home possible.Property boarders Camp Adair Village, and has a subdivision recently begun on the north side of property. Future expansion of Camp Adair (per city council meeting) will continue south. Annexation into Camp Adair urban growth boundary would make building possible. The recent expansions were for building plans for multiple housing units.
Location
State OR
County Benton
Area _220
Zoning EFU
Exterior
Utilities Available None
Garage No
Schools
Elementary Schools Letitia Carson
Middle Schools Linus Pauling
High Schools Corvallis
Others
Acceptable Financing Cash
Listing Terms Cash
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Mitch Foteff
Partner | Lic# LIC# 201106062