287 E 3RD ST, Lowell, OR 97452

$1,150,000

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List Price
$1,150,000
Price Change
▲ $1,035,000 1769645404
Days on Market
247
MLS#
314382332
Property Type
Land
Lot Size
1 to 2.99 Acres
Region
Lane Co: Pleasant Hill / Oakridge
Status
ACTIVE

Property 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.

Additional Information

Tax Amount
$2,548
High School
Lowell
Elementary School
Pleasant Hill
Middle School
Lowell
Acres
2.12
Property Type
Single Family Residence
Terms
Cash, Conventional
View
City, Territorial
Utilities Included
Cable Available, Electricity Available, Public Sewer, Water Available
Covenants/Conditions/Restrictions
Yes
Present Use
Residential
Road Surface
Gravel

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Calculator source: Real Geeks

Listing courtesy of Works Real Estate.

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