
Description
Builders Dream Investment Property! 10 acre property in N Corvallis on the corner of 99W and Crane. This property has future possibilities to be annexed into Camp Adair. Mostly fenced. Shared pond fed by spring. Access just South on Crane with 15 ft easement. Power near by. Approx 20 fruit trees on property. Please see syndicated remarks for more info. Buyer to do due diligence and check with county on current and future uses. Investment opportunity for builders/business: 10 acres south of Camp Adair. The City of Camp Adair recently expanded the Urban Growth Boundary to facilitate building multiple housing next to property (North side of Crane Lane) Per Camp Adair city Administration: expansion of the Urban Growth Boundary south side of Crane Lane (this acreage) will become necessary for future city expansion, per a multiple housing development. There is currently no time frame set as a builder would have to submit a proposal and get approval after purchasing the land. Another possibility:Currently in Benton County which requires farm or other income from property of $80,000 for two years to make building a home possible.Property boarders Camp Adair Village, and has a subdivision recently begun on the north side of property. Future expansion of Camp Adair (per city council meeting) will continue south. Annexation into Camp Adair urban growth boundary would make building possible. The recent expansions were for building plans for multiple housing units.
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10ACRES
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01/2 BATHS
School Ratings & Info
Description
Builders Dream Investment Property! 10 acre property in N Corvallis on the corner of 99W and Crane. This property has future possibilities to be annexed into Camp Adair. Mostly fenced. Shared pond fed by spring. Access just South on Crane with 15 ft easement. Power near by. Approx 20 fruit trees on property. Please see syndicated remarks for more info. Buyer to do due diligence and check with county on current and future uses. Investment opportunity for builders/business: 10 acres south of Camp Adair. The City of Camp Adair recently expanded the Urban Growth Boundary to facilitate building multiple housing next to property (North side of Crane Lane) Per Camp Adair city Administration: expansion of the Urban Growth Boundary south side of Crane Lane (this acreage) will become necessary for future city expansion, per a multiple housing development. There is currently no time frame set as a builder would have to submit a proposal and get approval after purchasing the land. Another possibility:Currently in Benton County which requires farm or other income from property of $80,000 for two years to make building a home possible.Property boarders Camp Adair Village, and has a subdivision recently begun on the north side of property. Future expansion of Camp Adair (per city council meeting) will continue south. Annexation into Camp Adair urban growth boundary would make building possible. The recent expansions were for building plans for multiple housing units.
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