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Jared Hambrook

jaredh@legacyre.com +1(503) 930-2124

Listed by Keller Williams Capital City • 503-930-1047

$ 415,000

Est. payment -/mo

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Highway 99W Corvallis, OR 97330

10 Acres Lot

UPDATED:

10/22/2024 01:02 AM

Key Details

Property Type Vacant Land

Sub Type Farm

Listing Status Active

Purchase Type For Sale

MLS Listing ID 23169928

Annual Tax Amount $139

Tax Year 2022

Lot Size 10.000 Acres

Property Description

Builders Dream Investment Property! 10 acre property in N Corvallis on the corner of 99W and Crane. This property has future possibilities to be annexed into Camp Adair. Mostly fenced. Shared pond fed by spring. Access just South on Crane with 15 ft easement. Power near by. Approx 20 fruit trees on property. Please see syndicated remarks for more info. Buyer to do due diligence and check with county on current and future uses.Investment opportunity for builders/business: 10 acres south of Camp Adair. The City of Camp Adair recently expanded the Urban Growth Boundary to facilitate building multiple housing next to property (North side of Crane Lane) Per Camp Adair city Administration: expansion of the Urban Growth Boundary south side of Crane Lane (this acreage) will become necessary for future city expansion, per a multiple housing development. There is currently no time frame set as a builder would have to submit a proposal and get approval after purchasing the land. Another possibility:Currently in Benton County which requires farm or other income from property of $80,000 for two years to make building a home possible.Property boarders Camp Adair Village, and has a subdivision recently begun on the north side of property. Future expansion of Camp Adair (per city council meeting) will continue south. Annexation into Camp Adair urban growth boundary would make building possible. The recent expansions were for building plans for multiple housing units.

Location

State OR

County Benton

Area _220

Zoning EFU

Exterior

Utilities Available None

Garage No

Schools

Elementary Schools Letitia Carson

Middle Schools Linus Pauling

High Schools Corvallis

Others

Acceptable Financing Cash

Listing Terms Cash

Regional Multiple Listing Service (RMLS)

Jared Hambrook

Principal Broker | License ID: 201211534

+1(503) 930-2124

Jared Hambrook

Highway 99W Corvallis, OR 97330

Key Details

Location

Exterior

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Highway 99W