Tl1700 Highway 101, Florence, Or 97439Florence, OR 97439Price: $849,000

  • Price: $849,000
  • Est. Mortgage of $/month
  • 178 Days on Market
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Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $849,000List Price
  • 4.91Acreage
A remarkable opportunity awaits with this 4.9-acre property boasting mixed-use potential. Positioned in a prime location, the site is anchored by Fred Meyer to the south and a new multi-use area to the east, just south of Munsel Lake Road. This rapidly growing area is further enhanced by the new Three Mile Prairie subdivision to the north, presenting promising prospects for development. To aid in your planning, please refer to the Report by Sheldon Planning attached to this listing, which offers valuable insights and potential mixed-use planning ideas for the property. This information can guide you in exploring the diverse range of possibilities that this parcel presents.One significant advantage is that the seller has already taken care of the $50,000 assessment for City Sewer and water, both of which are conveniently located at the property line. This valuable infrastructure allows for seamless connectivity and simplifies the development process. The property's mixed-use potential is further enhanced by the city's encouragement of a mix of commercial and high-density housing. This presents an excellent opportunity to create a versatile and vibrant multi-use development that meets the demands of the growing community. With its strategic location and supportive local environment, this property offers an exceptional multi-use opportunity. Whether you envision a combination of commercial spaces, residential units, or a blend of both, this property provides the ideal canvas for realizing your vision. Don't miss out on this extraordinary chance to capitalize on the area's growth and potential...take the first step towards unlocking the full potential of this 4.9-acre property by exploring the possibilities it holds. Schedule a viewing and begin envisioning the future of this remarkable mixed-use opportunity today.

"Based on information submitted to OR_RMLS_API as of December 6, 2023 12:20 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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