4149 Research WayCorvallis, OR 97333

  • Commercial land
  • 0.88 AC
For Sale
$775,000 View listing

Property Details for 4149 Research Way

Lot size
0.88 AC
Zone code
RTC
Property type
Commercial land
APN
12504DC01300
APU
12504DC01300

Description

This exceptional .88-acre vacant land parcel presents a unique investment opportunity in Corvallis, Oregon. Situated at 4149 SW Research Way, this property is ideally located within the highly sought-after Sunset Research Park and benefits from its designation within the Corvallis Enterprise Zone. The lot is zoned Research Technology Center (RTC), offering a wide range of permitted uses including civic, commercial, and industrial development. This prime location provides unparalleled access to a thriving community of established businesses and institutions. Neighboring tenants include Oregon State University, Benton County, and the State of Oregon, ensuring a stable and desirable environment for future development. The property's APN is 285068. With its strategic location, flexible zoning, and significant acreage, this land parcel represents a compelling opportunity for developers seeking to capitalize on the growth and potential of Corvallis's dynamic research and technology sector. The asking price for this exceptional property is $775,000. This is one of the few remaining undeveloped lots in Sunset Research Park, making it a truly rare find.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,060,680
    Hospitality
    $7,383,539
    Educational
    $6,143,018
    Medical
    $6,354,286
    Retail
    $9,555,806

Location Insight

City
Corvallis
County
Benton
State
Oregon
Latitude
44.5522
Longitude
-123.297
CBSA code
18700
CBSA name
CORVALLIS, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,006
-
-
$104,421
-
$157,161
-
$157,161

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