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Listed by Works Real Estate • jody.spier@worksrealestate.co
$ 1,150,000
Est. payment /mo
Active
287 E 3RD ST Lowell, OR 97452
2.12 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID 314382332
HOA Y/N No
Annual Tax Amount $2,548
Lot Size 2.120 Acres
Property Sub-Type Single Family Residence
Property Description
Exceptional development opportunity in Lowell, just 20 minutes from Eugene. This 2.12-acre parcel includes tentative subdivision approval with the City of Lowell for 11 total lots, offering builders and investors a major head start on a highly desirable small-scale subdivision. The property also includes an existing newly remodeled 2 bedroom home that is currently rented month-to-month, providing income during the development process. The site is largely cleared, utilities are nearby, soils are favorable, and the project aligns with Lowell's current residential growth needs.This is an ideal opportunity for a builder or developer seeking a manageable, profitable project supported by city momentum. More information regarding pre approval packet with the City of Lowell, engineers concept plans, and city correspondence available.
Location
State OR
County Lane
Area _234
Zoning R-3
Exterior
Utilities Available CableAvailable, ElectricityAvailable, PublicSewer, WaterAvailable
View City, Territorial
Garage No
Building
Lot Description Cleared, Corner Lot, Public Road
Schools
Elementary Schools Pleasant Hill
Middle Schools Lowell
High Schools Lowell
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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