Fully entitled 35 Unit multi-family development opportunity in Woodburn! Modern Design provided by Studio 3 Architecture, this project comprises a mix of (18) 2-bd/1-ba units & (17) 3-bd/2-ba units. ODOT approved approach w/ bond paid & transferred to buyer at closing. Buyer due diligence on potential Urban Renewal credits from City of Woodburn. Foundation & Grading permits approved, providing ability to break ground upon closing Vertical building permits applied for while excavation & site prep work is being completed. Woodburn's population projected to grow +/- 30% by 2030 due to an increased workforce spurred by Amazon's new fulfillment center. MUV zoning and over 220’ of Highway 99 frontage provide high visibility & traffic count, creating a multitude of alternative Commercial development opportunities!
Listing Provided Courtesy of Jordan Sparks, SMI Commercial Real Estate LLC
General Information
578027415
MultiFamily
1
DOM
1.42 acres
MUV
Marion
511305
Washington 1/10
Valor 5/10
Woodburn 5/10
Land
MultiFamily
ACRES 1.42
Listing Provided Courtesy of Jordan Sparks, SMI Commercial Real Estate LLC
Krishna Realty data last checked: Jun 17, 2025 16:42 | Listing last modified May 21, 2025 14:16,
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Residence Information
No
Features and Utilities
Financial
6731.65
0
Cash,Conventional
05-20-2025
No
No
Comparable Information
1
28
Cash,Conventional
$1,200,000
$1,100,000
May 21, 2025 14:16
Schools
public Elementary : Washington
1/10Ratingspublic Middle : Valor
5/10Ratingscharter High : Woodburn
5/10Ratings
Map
Listing courtesy of SMI Commercial Real Estate LLC.
Fully entitled 35 Unit multi-family development opportunity in Woodburn! Modern Design provided by Studio 3 Architecture, this project comprises a mix of (18) 2-bd/1-ba units & (17) 3-bd/2-ba units. ODOT approved approach w/ bond paid & transferred to buyer at closing. Buyer due diligence on potential Urban Renewal credits from City of Woodburn. Foundation & Grading permits approved, providing ability to break ground upon closing Vertical building permits applied for while excavation & site prep work is being completed. Woodburn's population projected to grow +/- 30% by 2030 due to an increased workforce spurred by Amazon's new fulfillment center. MUV zoning and over 220’ of Highway 99 frontage provide high visibility & traffic count, creating a multitude of alternative Commercial development opportunities!
