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32664348
32664204

2 Locations

JH
OR OR 200107093
Legacy Real Estate
Listed by Legacy Real Estate
Unpriced
17 days on market
Updated 17 days ago

Bethel Park Development

Details
APN 602588, 602589, 602592, 602593
Property Type Land
Sub Type Residential
Square Footage 483,080
Acreage 11.090
Zoning RM + AR
Sale Condition Bank owned foreclosure

11.09 Acre Multi-Parcel Development Assemblage

Marketing description

A four-parcel, 11.09 acre development assemblage positioned along Hwy 99E between Salem-Keizer and Woodburn. Adjacent to an actively absorbing subdivision. Inside a supply-constrained submarket.

Development opportunity in Brooks, Oregon — Marion County. The property has direct frontage on Hwy 99E (Portland Road NE) and sits approximately 4 miles from the I-5 Brooks interchange (Exit 263).

Level development-ready property held across four tax accounts. The land is divided into two clusters bracketing the established Bethel Park residential community. The 6.21-acre north tract is RM (Multi-Family Residential) zoned. The 4.88-acre south tract holds the Hwy 99E corner frontage at the platted community entrance.

The RM zone allows a wide range of housing product, giving a buyer real optionality to match a regional product strategy or shifting demand:

Single-family detached homes

Attached single-family (townhomes)

Cottage clusters and small-lot homes

Duplex, triplex, and fourplex

Multifamily apartment buildings

Mobile home park (conditional use)

Planned development (conditional use)

Group care, residential facility, and nursing home uses

Religious organization and membership organization uses

Building under Marion County jurisdiction generally delivers lower System Development Charges and a simpler permitting path than equivalent sites inside the City of Salem or City of Keizer city limits. The property is already served by Brooks Community Service District for sewer, an on-site water system designed and permitted for the location, and Marion County Fire District 1.

The property fronts Hwy 99E — the primary north-south arterial connecting Salem and Woodburn — and is approximately 4 miles from the I-5 Brooks interchange. Downtown Salem (Oregon's state capital) is 7 miles south. Woodburn is 4 miles north. The Portland metropolitan area is roughly 45 minutes north via I-5.

The Salem-Keizer metro is Oregon's second-largest metropolitan area, with a housing demand base anchored by:

State of Oregon government — the region's largest employer base

Salem Health — the dominant healthcare system in the mid-Willamette Valley

Salem-Keizer School District 24J

Agricultural and food-processing operations across the Brooks, Hubbard, and Woodburn corridor

Woodburn-area retail, distribution, and manufacturing employers

Woodburn Premium Outlets — a regional retail destination 4 miles north

A comprehensive due diligence package is available to qualified buyers and brokers, including environmental site assessments, geotechnical reports, recorded plats, civil and water system plans, and current Marion County records. Materials are released under a standard non-disclosure acknowledgement.

Offered case-by-case to qualified buyers and brokers.

Investment highlights

  • 4 Parcels / 11.09 Acres
    • Lots 116+117: 6.21 Acres (RM)
    • Lots 118+119: 4.88 Acres (RM+AR)
  • Conceptual plans for 99 units
    • 56 single-family homes
    • 43 townhome units
  • RM + AR Zoning
  • HWY 99E Frontage

Listing Contacts

JH
OR OR 200107093
Legacy Real Estate
Listed by Legacy Real Estate

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Additional Information

Name
James Hauge
License
OR 200107093
Brokerage
Legacy Real Estate
Title
President / Principal Broker
Brokerage Address
1130 Liberty Street Northeast
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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