1505 Boones Ferry RdWoodburn, OR 97071

This exceptional 74.65-acre commercial land parcel presents a significant development opportunity within Woodburn, Oregon's urban growth boundary. Currently zoned UT-20, upon annexation into the city limits, the property will be rezoned to RS, a low-density residential designation within Woodburn's zoning plan. This allows for a variety of residential development options. Adding to its versatility, a nodal development overlay provides flexibility in building types, even permitting limited commercial development. The site boasts a desirable flat topography, simplifying construction and maximizing usable space. Its strategic location offers convenient proximity to local schools and parks, enhancing its appeal to future residents. The asking price is $21,275,250, translating to $285,000 per acre. The property is served by Woodburn municipal utilities, ensuring readily available infrastructure. Portland General Electric (PGE) is the regional power provider. This large-scale development opportunity is ideally suited for a discerning investor seeking to capitalize on the growth potential of Woodburn, Oregon. The address is 1505 Boones Ferry Rd NE, Woodburn, OR 97071, located in Marion County.