Land Available For Sale @ 1103 Shaff Road Southeast, Stayton, OR 97383

1103 Shaff Road Southeast, Stayton, OR 97383

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Jennifer M.

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Photo of 1103 Shaff Road Southeast, Stayton, OR 97383

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Listing Details

For sale for the first time since 2006, this is the top residential development parcel in the community. Flat, serviced, and next door to Stayton Middle School, this site is ready to be developed as a residential subdivision. There is one single-family residence on site that lends no contributory value. The current City of Stayton Comprehensive Plan (2013) estimates that the city needs an additional 460 acres of land to support the 1,281 dwelling units that will be needed to accommodate projected growth from 2010 to 2030. The subject property represents 8% of that total. The site is maximally positioned to be at the forefront of that growth, and would be a natural candidate for annexation approval (voter).

Sales Info:
■ Commision split: 5.0%

Location Description:
This property is located along an arterial bordering the city limits of Stayton. It is bordered on one side by a newer subdivision and on the other side by Stayton Middle School. Stayton is located approximately ten miles from the Salem city limits and is located along Highway 22, which is the major route between Salem and Central Oregon. Stayton has a population of just over 7,000 residents and borders Sublimity, with over 3,000 residents.

Highlights:
■ Flat residential development land
■ Priced at under $70,000 per acre
■ Asking price of $1,850,000

Listing company: Sperry Van Ness Commercial Real Estate Advisors

Pricing: $1,850,000

Availability: Now

Listing ID: 682681

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Sale Price: $1,850,000

Size: 1,163,923 square feet

Type: Land

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