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.
Details
| MLS # | 346012767 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 304 |
| Listing Provided By | Works Real Estate | Jody Spier |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 952 |
| Garage | 2 |
| Story(s) | 1 |
| Zoning | R-3 |
| Acreage | 2.12 |
| Property View | Territorial |
Interior
| Heating | Mini Split |
|---|---|
| Heating Yn | Yes |
| Cooling | Mini Split |
| Cooling Yn | Yes |
| Interior Features | Hardwood Floors, Laminate Flooring, Vinyl Floor, Washer Dryer |
| Appliances | Appliance Garage, Builtin Range, Dishwasher, Free Standing Refrigerator, Range Hood, Stainless Steel Appliance |
Exterior
| Exterior Features | Yard |
|---|---|
| Roof | Composition |
| Lot Features | Cleared, Level |
Parking
| Attached Garage Yn | Yes |
|---|---|
| Parking Features | Driveway, Off Street |
Taxes
| Property | 2548 |
|---|
Area Information
| State | OR |
|---|---|
| County | Lane |
| City | Lowell |
| Zip Code | 97452 |
| School District | Lowell |
| Elementary School | Pleasant Hill |
| High School | Lowell |
| Listing VS Median (in 97452) | |
Price: $1,150,000 low | high Med: $525,000 sqft: 952 low | high Med: 1,641 $ / sqft: $1,208 low | high Med: $320 On site: 304 low | high Med: 37 | |
Market Activity 97452
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Learn More About This Property
| State | OR |
|---|---|
| County | Lane |
| City | Lowell |
| Zip Code | 97452 |
| School District | Lowell |
| Elementary School | Pleasant Hill |
| High School | Lowell |
| Listing VS Median (in 97452) | |
Price: $1,150,000 low | high Med: $525,000 sqft: 952 low | high Med: 1,641 $ / sqft: $1,208 low | high Med: $320 On site: 304 low | high Med: 37 | |