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13350 S Lowe Rd 4 Acres of Residential Land Offered at $826,000 in Molalla, OR 97038

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INVESTMENT HIGHLIGHTS

  • City limit development property

EXECUTIVE SUMMARY

This property is currently going through partition of 4 acres to the East and South of the current tax lot as an R2-Residential property that allows up to 12 units per acre. The Property is centrally located near highways junction 211 & 213 between Salem, and Portland via Highway 213 and walking distance to schools and the shopping center. The land is flat with no wetland issues. Underground electricity and water are available. This property is located within walking distance to schools and shopping center. The property is a Great Investment in the growing Clackamas County Area which has a lower tax base than neighboring Multnomah County.

PROPERTY FACTS

Price $826,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 4.00 AC
No. Stories 1
Zoning R-2 - Residential

1 LOT AVAILABLE

Lot 3500

Price $826,000
Price Per AC $206,500.00
Lot Size 4.00 AC

This property is currently going through partition of 4 acres to the East and South of the current tax lot as an R2-Residential property that allows up to 12 units per acre.

DESCRIPTION

Took this property through the annexation process with two adjoining properties which changed the zoning to M2. The city has now announced that they are changing the zoning to R-2.

  • Listing ID: 33013994

  • Date on Market: 8/30/2024

  • Last Updated:

  • Address: 13350 S Lowe Rd, Molalla, OR 97038

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