Timber Ridge ST Albany, OR $ 2,595,000
Timber Ridge ST
$ 2,595,000
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Timber Ridge ST

Albany, OR, 97322
$ 2,595,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 16,385

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Lots and Land for sale in Albany, OR

for $2,595,000. The lot size is 10.45.

Development opportunity in growing East Albany! Approximately 10.45 acres of vacant land zoned RM – Residential Medium Density, offering excellent potential for future multifamily residential development. Mostly level terrain with a regular shape provides flexibility for site planning and development. Conveniently located near Meadow Ridge Elementary and Timber Ridge School, with easy access to shopping, services, major arterials and I-5. The surrounding East Albany area continues to see residential growth and investment, creating an attractive opportunity for a multifamily developer, builder or long-term investor. The property is outside known high-risk flood zones, although portions include designated wetlands. Public utilities are available in the area. Buyer to perform all due diligence regarding permitted uses, density, utilities, wetlands and development potential.

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Lots and Land Active

Price

$ 2,595,000

Property Type

Lots and Land

Taxes

$ 7,301

Style

MultiFamily

Lot Size

10.45

Town/City

Albany

County/Region

Linn

MLS | Web ID

528016385

Features
General
Utilities ElectricityAvailable PublicSewer WaterAvailable
Zoning RM
Property Subtype MultiFamily
Current Use MultiFamily RawLand
Parcel Number Not Found
County Linn
Property Type Land
HOA N
Status Active
Directions I-5 to Knox Butte Rd exit. East on Knox Butte Rd south on Timber Ridge St SE to property.
High School South Albany
City Albany
Disclosures Disclosure
MLS Area _221
Lot Size Square Feet 455202.0
Listing Terms Cash Conventional
Elementary School Meadow Ridge
Tax Annual Amount 7301.0
Middle/Junior High School Timber Ridge
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description Lot 105 Map 11S03W03-C0
ADU False
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Exterior
Lot Features Cleared PublicRoad
Lot Size Acres 10.45
Road Surface Type Paved
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* Excluded Features
List By
Real Broker

Broker

503-737-8010

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Affordability Calculator

$16,994
Per Month
96%
4%
0%
Monthly Principal & Interest
$16,385
Monthly Property Taxes
$608
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3342712 Elementary School
2399866 Middle School
South Albany High School High School
Pricing History
DatePricePrice ChangeDescription
9/18/2026$2,595,000 Listed Price

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Timber Ridge ST, Albany, OR, 97322 is a Lots and Land for sale at $2,595,000 with a lot size of 10.45. Timber Ridge ST has 0.0 baths. The property's zip code is 97322 which is in Albany, OR