Map of Property

Franklin Reserve Land

For Sale

840 Airport Rd SE, Albany, OR 97322

This Albany property for sale is located at 840 Airport Rd SE. The current listed sale price for Franklin Reserve Land is $2,250,000. Franklin Reserve Land is situated on a lot that is 6.46 acre in size.

Contacts

broker
Mike Brown

Norris & Stevens

Property Details

  • Property Type VacantLand
  • Lot Size 6.46 Acre
  • Date Updated Apr 23, 2025
Located in the Willamette Valley with steady regional expansion.This offering includes two prime parcels—3.22 acres and 3.24 acres—zoned RS-5 and located in Albany, OR, just south of Swan Lakes and under half a mile from Heritage Mall. With proximity to major transit corridors, established infrastructure, and a strong local community, the property is well-positioned for immediate development. A fully approved Planned Development covers the combined 6.5 acres and includes entitlements for: • A 44-unit multifamily project across four buildings • 11 single family homes • 31 garage/storage units (10'x20') The project is shovel-ready: civil engineering and architectural plans are complete and stamped, landscape and erosion control plans are approved, permits are purchased, tree removal and wetland delineations are done, and all site improvements are ready to begin.
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Highlights

  • ± 3.22 AC and ± 3.24 AC parcels
  • Close to I-5, Heritage Mall, and Swan Lakes
  • Near major roads and transportation routes
  • Strong local housing demand driven by population growth
  • Reports completed and permits prepaid

Getting around

  • 47/100

    Walk Score ®

  • 53/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Albany, OR
  • Zip Code 97322
  • Market Eugene

Points of Interest

  • Albany

    1.94 miles

  • Shell

    0.25 miles

  • Costco Gasoline

    0.44 miles

  • Chevron

    0.55 miles

  • Electrify America

    0.83 miles

  • Safeway Fuel Station

    0.92 miles

  • Pacific Pride

    1.18 miles

  • Mobil

    2.26 miles

  • Arco

    2.29 miles

  • Love's

    4.56 miles

  • Leather's Fuel

    5.40 miles

  • Automobile Parking

    7.31 miles

  • Truck and RV Parking

    7.31 miles

  • Rest Area I-5 (South Bound)

    7.52 miles

  • Arboretum Parking Lot

    8.45 miles

  • Wintel Road East Parking

    9.39 miles

  • Wintel Road Middle Parking

    9.55 miles

  • Samaritan Hospital Parking

    9.59 miles

  • Wintel Trailhead Parking

    9.61 miles

  • Best Western Prairie Inn

    0.32 miles

  • Rodeway Inn

    0.37 miles

  • Phoenix Inn

    0.40 miles

  • La Quinta Inn

    0.57 miles

  • Super 8

    0.60 miles

  • Comfort Suites

    0.73 miles

  • Holiday Inn Express & Suites

    0.77 miles

  • St. Francis

    2.25 miles

  • Best Western Premier Boulder Falls Inn

    9.50 miles

  • Kohl's

    0.42 miles

  • WinCo Foods

    0.42 miles

  • Fred Meyer

    0.64 miles

  • Bi-Mart

    0.72 miles

  • Target

    0.76 miles

  • Walmart Supercenter

    0.77 miles

  • Big Lots

    0.84 miles

  • Marshalls

    0.86 miles

  • Ross

    0.87 miles

  • Safeway

    0.91 miles

In-Depth Research Available for this Property

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Contact Listing Broker
broker
Mike Brown

Norris & Stevens

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