840 Airport Rd SE - Franklin Reserve Development Land 6.46 Acres of Residential Land Offered at $2,250,000 in Albany, OR 97322

• The site offers potential for up to approximately 125 townhomes or 100+ multifamily units, subject to buyer's design, zoning interpretation, and municipal approvals. • Zoning allows for a range of housing types, making the property well-suited for developers seeking to implement their own site plan and product mix rather than inherit pre-set designs. • Located near Highway 99E with convenient access to I-5, providing efficient north-south connectivity to Salem (+/- 25 minutes), Corvallis (+/- 15 minutes), Eugene (+/- 40 minutes), and the broader Willamette Valley. • Predominantly flat topography helps minimize grading and site-work costs, improving overall project feasibility and design efficiency. • Water, sewer, and power are available nearby, supporting streamlined infrastructure planning and reducing upfront development hurdles. • Albany continues to see population growth and sustained housing demand driven by regional employment, affordability relative to larger metros, and its central Willamette Valley location. • Positioned within an established area near employment centers, schools, and services, enhancing future resident appeal and long-term rental or for-sale performance. • One of the few remaining vacant residentially zoned parcels of scale in this submarket, offering developers a chance to execute a custom project in a supply-constrained environment.