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0B NE Edenbower Boulevard 11.57 Acres of Residential Land Offered at $240,000 in Roseburg, OR 97470

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INVESTMENT HIGHLIGHTS

  • Ideal Multi-Family Property.
  • Due Diligence Study Completed.
  • Easy To Develop Land. Close to Schools, Shopping and Hospitals.

EXECUTIVE SUMMARY

One of the most needed and exceptional multifamily development sites in the entire state of Oregon. This development land is 7.8 net buildable acres zoned high-density multifamily, plus 10.4 net remaining acres of hillside zoned low-density residential with spectacular south-facing views. This multifamily site can be expanded as much as 3.95 acres, for a potential total of 11.75 buildable acres, by optionally purchasing adjacent lots available. Seller will carry with very flexible terms. The second hillside lot can be purchased concurrently with the multifamily lot, but with separate terms. The site's intensive due diligence study has already been completed, with all the information needed to make a completely informed decision. Contact the listing broker for a complete package.

PROPERTY FACTS

Price $240,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Hold For Development
  • Planned Unit Development
  • Schools
  • Single Family Development
Total Lot Size 11.57 AC
Zoning R7.5

1 LOT AVAILABLE

Lot 2

Price $240,000
Price Per AC $20,743.30
Lot Size 11.57 AC

• Ideal Multifamily Location • Close to Schools, Shopping and Hospitals • Easy to Develop Land • Due Diligence Study Completed Lot Size: 11.57 Acres Price: $240,000 Price Per Acre: $20.743

DESCRIPTION

One of the most needed and exceptional multifamily development sites in the entire state of Oregon. The primary lot is 7.8 net buildable acres zoned MR40 high-density multifamily, potentially expandable up to a total of 11.75 buildable acres by also purchasing adjacent multifamily zoned lots that are available. To best feasibly develop this property as high-density multifamily, approximately 650 lineal feet of 60’ wide right-of-way access must also be purchased from separate sellers. This multifamily site would be a terrace along the extension of NE Edenbower Blvd with under 3% slope and provide south-facing territorial and valley views. Access to site from NE Johnson St then provides secondary fire ingress/egress, allowing for maximum density development and total units. An intensive due diligence study of the site has already been completed with all the information needed to make a completely informed decision. Call the listing broker for a complete package. Parcel Numbers: R70751, R70772 Zoning Code: R7.5 (Low-Density Residential)

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R70751
  • R70772
Land Assessment
$183,103
Improvements Assessment
$0
Total Assessment
$183,103
  • Listing ID: 29717174

  • Date on Market: 10/5/2023

  • Last Updated:

  • Address: 0B NE Edenbower Boulevard, Roseburg, OR 97470

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