For Sale
$14,245,000

Hooper StWoodburn, OR 97071

13.1 Acres, 407 Units Possible

Overview

Added:
Dec 11, 2024
Days on market:
121
This exceptional 13.1-acre land site in Woodburn, Oregon, presents a prime opportunity for multifamily development. Fully entitled for the construction of 407 apartment units, this property is offered at $14,245,000. Located in Marion County, with the address 0 Hooper St., Woodburn, OR 97071 (APN: 052W140002000), the site boasts convenient access to I-5 and 99E, placing it within easy reach of both the Portland (30 miles) and Salem (18 miles) metro areas. The CG zoning permits residential development. On-site utilities are available, and comprehensive plans are included in the sale. The site's strategic location near a future Amazon fulfillment center (1500+ employees) and the Woodburn Premium Outlets (100+ retail stores) further enhances its investment potential. Woodburn itself has a population of 25,788 with a median age of 33, indicating a strong potential tenant base. This is a truly remarkable opportunity to capitalize on the thriving growth of the region.

Highlights

  • $14,245,000 asking price for 13.1 acres of land.
  • Fully entitled for 407 apartment units.
  • Located in Woodburn, Oregon, with CG zoning.
  • On-site utilities and plans included.
  • Excellent access to I-5 and 99E, near Portland and Salem.
  • Proximity to Amazon fulfillment center and Woodburn Premium Outlets.

Property Details for 0 Hooper St

Property type
Land
Lot Size (sq. ft)
570,636 SF

Location Insight

City
Woodburn
County
Marion
State
Oregon
Latitude
45.141334836391
Longitude
-122.88824853392
Hooper St, Woodburn, Oregon

FAQs

What type of property is this?
Land - 13.1 Acres, 407 Units Possible
Where is the land located?
The property is located at Hooper St Woodburn, OR.
What is the asking price?
The asking price for this property is $14,245,000.
What are key features of this property?
This property features: $14,245,000 asking price for 13.1 acres of land.; Fully entitled for 407 apartment units.; Located in Woodburn, Oregon, with CG zoning.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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0 Hooper St
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