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Listing provided courtesy of Realty One Group Willamette ValleyMLS# 244934295MLS Provider
  • 420 days on site
  • 3 views

Prime Development Opportunity! Unlock the potential of this 12.31-acre industrial/commercial parcel in the heart of Sweet Home, surrounded by established businesses and growth. Utilities are nearby, and preliminary engineering is complete'including a geotechnical report, state-approved wetland delineation, and updated zoning. Site plans are already in motion for a storage unit facility, offering a near shovel-ready project (details available upon request).Investors and developers will appreciate the flexibility'there's even potential to revert zoning back to residential, opening the door for single-family or duplex development. Excellent visibility along Highway 20, easy access to town amenities, and proximity to the Foster Lake recreation area make this a standout opportunity.Whether you're pursuing commercial use, light industrial, or residential development, this property offers the location, preparation, and versatility to make your vision a reality.Key Highlights:' 12.31 acres zoned Industrial/Commercial' Engineering, geo report & wetland delineation completed' Utilities available nearby' Surrounded by thriving local businesses' Option to change zoning back to residential' Near Foster Lake & city amenitiesA rare find in the Willamette Valley'build your next investment here!

Source: Regional MLS, MLS#: 244934295

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  • Property Type
    Land
  • Lot
    12.30 acres

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  • Median Age
    46
  • Population Density
    121
  • College Educated
    18%
  • Estimated Median Income
    $52,333
  • Estimated Total Home Owners
    4,086
  • Estimated Total Renters
    1,792
  • Owner / Renter Divide
    70% / 30%
  • Estimated Average Household Size
    3
  • Total Population
    15,584
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 500 55-1(next to)Main St #100-1

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/14/2026Source: Regional MLS Price Reduction
$475,000 -11.2%
2/6/2026Source: Regional MLS Price Reduction
$535,000 -10.7%
11/18/2025Source: Regional MLS Price Reduction
$599,000 -28.2%
11/3/2025Source: Regional MLS Price Reduction
$834,000 -5.7%
9/23/2025Source: Regional MLS Price Reduction
$884,000 -1.8%
7/23/2025Source: Regional MLS Price Reduction
$899,900 -7.7%
6/10/2025Source: Regional MLS Price Reduction
$975,000 -2.5%
5/5/2025Source: Regional MLS Added to Database
May 05, 2025