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Landess Rd - Landess multifamily development land 2.56 Acres of Residential Land Offered at $480,000 in Cottage Grove, OR 97424

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INVESTMENT HIGHLIGHTS

  • R2 zoning allows for a multitude of options making for a RARE chance to own and develop 2.5 acres with a 20 unit minimum and 30 unit maximum.

EXECUTIVE SUMMARY

Opportunity Knocks! R2 zoning allows for a multitude of options making for a RARE chance to own and develop 2.5 acres with a 20 unit minimum and 30 unit maximum multifamily complex with preliminary approval with the City of Cottage Grove. Electricity available at lot line. Sewer in the street. Water main on the property with 6" tap. RMLS#:137468956

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER AC
Taxes $769 $300.39
Operating Expenses - -
Total Expenses $769 $300.39

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes
Annual $769
Annual Per AC $300.39
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $769
Annual Per AC $300.39

PROPERTY FACTS

Price $480,000
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Apartment Units - Subsidized
Total Lot Size 2.56 AC
Zoning R2 - R2 zoning in Oregon is a medium-density residential zone that typically allows for single-family homes, duplexes, and manufactured homes, while also p

1 LOT AVAILABLE

Lot 1200

Price $480,000
Price Per AC $187,500.00
Lot Size 2.56 AC

Map & Taxlot # 20-03-33-11-01200

  • Listing ID: 38395532

  • Date on Market: 11/10/2025

  • Last Updated:

  • Address: Landess Rd, Cottage Grove, OR 97424

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