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840 AIRPORT RD Albany, OR $ 2,250,000
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$ 2,250,000 Get more info
840 AIRPORT RD
$ 2,250,000
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Share Save

840 AIRPORT RD

Albany, OR, 97322
$ 2,250,000
Baths0.0

Monthly Estimate*

$ 13,854

840 AIRPORT RD, Albany, OR 97322 - Image 1
840 AIRPORT RD, Albany, OR 97322 - Image 2
840 AIRPORT RD, Albany, OR 97322 - Image 3
840 AIRPORT RD, Albany, OR 97322 - Image 4
Studio

Lots and Land for sale in Albany, OR

for $2,250,000. The lot size is 6.46.

This offering includes two prime parcels—3.22 acres and 3.24 acres—zoned R-5 and located in Albany, OR, just south of Swan Lakes and under half a mile from Heritage Mall. With proximity to major transit corridors, established infrastructure, and a strong local community, the property is well-positioned for immediate development.A fully approved Planned Development covers the combined 6.5 acres and includes entitlements for:• A 44-unit multifamily project across four buildings• 11 homes• 31 garage/storage units (10'x20')The project is shovel-ready: civil engineering and architectural plans are complete and stamped, landscape and erosion control plans are approved, permits are purchased, tree removal and wetland delineations are done, and all site improvements are ready to begin.

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Lots and Land Active

Price

$ 2,250,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 2,972

Style

MultiFamily

Lot Size

6.46

Town/City

Albany

County/Region

Linn

MLS | Web ID

560658359
Features
General
Utilities ElectricityAvailable
Zoning R-5
Property Subtype MultiFamily
Tax Year 2025
Parcel Number 0108411
Additional Parcels Description 0108429
County Linn
Property Type Land
HOA N
Status Active
Directions Franklin Ave SE
High School South Albany
City Albany
Disclosures Disclosure
MLS Area _221
Lot Size Square Feet 281397.0
Listing Terms CallListingAgent
Elementary School South Shore
Tax Annual Amount 2972.71
Middle/Junior High School Calapooia
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 11S03W09BB
ADU False
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Exterior
Lot Size Acres 6.46
Number of Lots 2
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Internal Only
Street Number 1 840
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* Excluded Features
List By
Norris & Stevens Investment Real Estate Services

Broker

DavidK@norris-stevens.com

Contact

Affordability Calculator

$14,101
Per Month
98%
2%
0%
Monthly Principal & Interest
$13,854
Monthly Property Taxes
$248
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5087468 Elementary School
1951054 Middle School
South Albany High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/15/2025$2,250,000 Listed Price

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840 AIRPORT RD, Albany, OR, 97322 is a Lots and Land for sale at $2,250,000 with a lot size of 6.46. 840 AIRPORT RD is a studio with 0.0 baths. The property's zip code is 97322 which is in Albany, OR

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