Timber Ridge Street

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Active
$2,595,000
455,201 Lot Size10.45 Acres
Timber Ridge St, Albany, OR 97322
Est: $14,018/moGet pre-approved
LandProperty Type
10.45 acresLot Size

Description

Development opportunity in growing East Albany! Approximately 10.45 acres of vacant land zoned RM – Residential Medium Density, offering excellent potential for future multifamily residential development. Mostly level terrain with a regular shape provides flexibility for site planning and development. Conveniently located near Meadow Ridge Elementary and Timber Ridge School, with easy access to shopping, services, major arterials and I-5. The surrounding East Albany area continues to see residential...Development opportunity in growing East Albany! Approximately 10.45 acres of vacant land zoned RM – Residential Medium Density, offering excellent potential for future multifamily residential development. Mostly level terrain with a regular shape provides flexibility for site planning and development. Conveniently located near Meadow Ridge Elementary and Timber Ridge School, with easy access to shopping, services, major arterials and I-5. The surrounding East Albany area continues to see residential growth and investment, creating an attractive opportunity for a multifamily developer, builder or long-term investor. The property is outside known high-risk flood zones, although portions include designated wetlands. Public utilities are available in the area. Buyer to perform all due diligence regarding permitted uses, density, utilities, wetlands and development potential.
Days on Market Listed Today
Last updated: 09/18/2026 07:59 AM • Source: RMLS, MLS#: 528016385

Location

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$14,018 per month

30 year fixed, 6.71% Interest

Principal and Interest

$13,410

Property Taxes

$608

HOA Dues

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Property Information for Timber Ridge Street

Property Details
  • Taxes: $7,301 / year
  • MLS Type: Land / Multi Family
  • County: Linn County
  • Zoning: RM
Building Information
  • Lot Size: 10.45 AC
Summary
Location and General Information
  • Country: US
  • Directions: I-5 to Knox Butte Rd exit. East on Knox Butte Rd, south on Timber Ridge St SE to property.
  • Road Surface: Paved
School Information
  • Elementary School: Meadow Ridge
  • High School: South Albany
  • Middle Or Junior School: Timber Ridge
Taxes and HOA
  • Tax Annual Amount: $7,301.00
  • Parcel Number: Not Found
  • Tax Legal Description: Lot 105, Map 11S03W03-C0
Property
Lot Information
  • Acres: 10.45
  • Lot Description: Cleared, Public Road
  • Lot Size Square Feet: 455202.0
  • Current Use: Multi Family, Raw Land
  • Land Description: Level
  • Lot Size Range: Acres10to20
  • Lot Size: 10 to 19.99 Acres
Property and Assessments
  • Property Sub Type: Multi Family
  • Property Type: Land
Utilities
  • Utilities: Electricity Available, Public Sewer, Water Available

Schools near Timber Ridge Street

This home is within Greater Albany Public School District 8j.
Rating
School
Type
Grades
Distance
Meadow Ridge Elementary School
Public - K to 3
Timber Ridge School
Public - 3 to 8
South Albany High School
Public - 9 to 12
Albany Options School
Public - 9 to 12
Rating
School
Distance
Meadow Ridge Elementary School
PublicK to 3

Timber Ridge School
Public3 to 8

South Albany High School
Public9 to 12

Albany Options School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about Timber Ridge Street, Albany, OR 97322

Timber Ridge Street is a 10.45 ac of land for sale in Albany, OR 97322. This listing's school district is Greater Albany Public School District 8j. Nearby schools include Meadow Ridge Elementary School, Timber Ridge School and South Albany High School. Timber Ridge Street is a 0-bed, 0-bath 10.45 ac of land on a 455,201 sq. ft. / 10.45 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 09/18/2026 07:59 AM