1505 Boones Ferry RdWoodburn, OR 97071

Property Details for 1505 Boones Ferry Rd

Lot size

74.65 AC

Zone code

UT20

Property type

Specialty properties

APN

052W13 01200

APU

052W1301200

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $683,780,224

  Hospitality

  $626,339,008

  Educational

  $521,106,688

  Medical

  $539,028,352

  Retail

  $810,610,432

Location Insight

City

Woodburn

County

Marion

State

Oregon

Latitude

45.1307

Longitude

-122.876

CBSA code

41420

CBSA name

SALEM, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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