215 5th St - 215 W 5th Street Lafayette 6.36 Acres of Residential Land Offered at $999,000 in Lafayette, OR 97127
INVESTMENT HIGHLIGHTS
- Multi-family development opportunity inside the city limits of Lafayette.
- Seller has two engineered plans for a 30 and 51 unit projects.
- Total acreage of 6.36 with approximately half developable.
PROPERTY FACTS
| Price | $999,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 6.36 AC |
| Zoning | R-2 |
1 LOT AVAILABLE
Lot
| Price | $999,000 |
| Price Per AC | $157,075.47 |
| Lot Size | 6.36 AC |
DESCRIPTION
This multi-family development property inside the city limits of Lafayette presents a unique and exciting opportunity for the right buyer! This beautifully expansive property is covered with mature trees and sits near a creek. The property is located less than .5 miles to Lafayette City Hall and has easy access to Hwy 99 W. The total acreage is 6.36 with approximately half developable; the seller has two engineered plans for 30 and 51-unit projects. The current residential dwelling is of no value and no value was given when calculating the asking price. Please contact for additional information and to schedule a property tour.
PROPERTY TAXES
| Parcel Number | 122637 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,323 |
