Looking for land to build apartments? Don’t miss this exceptional development opportunity located on Highway 99E & Allen Lane, directly across from Linn-Benton Community College. Recently rezoned from NC to OP, allowing for multi-family residential development, including apartments. Price reflects approx 2.5 acres of buildable land, w/ an additional 2.92 acres of wetlands that provide natural open space & site design potential. Billboard is leased, generating $2778/year in income! Refer to WVMLS#837934
Lot/land
Listed by: Re/Max Integrity Corvallis Branch • REBECCA YU • Contact: Direc: 541-760-7380
$650,000
400 Oregon Hwy #99E, Tangent, OR 97389
--beds
--baths
5.42Acres
Unimproved Land
Built in ----
5.42 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 197 days
- 67
- 0
Zillow last checked:
Listing updated:
Listed by:
REBECCA YU Direc:541-760-7380,
Re/Max Integrity Corvallis Branch
Source: WVMLS,MLS#: 837933
Facts & features
Property
Lot
- Size: 5.42 Acres
- Features: Not Flagged
Details
- Zoning: OP
Utilities & green energy
- Water: Public
- Utilities for property: Natural Gas Available, Sewer Connected
Community & HOA
Location
- Region: Tangent
Financial & listing details
- Annual tax amount: $119
- Price range: $650K - $650K
- Date on market: 2/23/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan,ODVA
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/23/2026 | Listed for sale | $650,000 |
Source:  WVMLS #837933 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 97389
Nearby schools
Schools provided by the listing agent
- Elementary: Tangent
- Middle: Memorial
- High: West Albany
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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