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Listing provided courtesy of RE/MAX INTEGRITY CORVALLIS BRANCH- MLS# 837933MLS ProviderContact Information: Direc: 541-760-7380

Lot 400 Oregon Highway 99ETangent, OR 97389

Vacant Land · 5.42 Acres
$650,000 ACTIVE

Lot 400 Oregon Highway 99E Overview

Time on Site:
127 days
Visits:
4

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

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Lot 400 Oregon Highway 99E Facts & Features

  • Type Vacant Land
  • Lot 5.42 Acres

Details

General

School Information

  • Elementary School: Tangent
  • Middle Or Junior School: Memorial
  • High School: West Albany

Location/Region

  • County Or Parish: Linn
  • MLS Area Major: 80 LINN COUNTY

Tax Information

  • Tax Annual Amount: 119

General Information

  • Property Sub Type: Land (1+ Acre)
  • Property Type: Bare Land

Interior

Exterior

Lot Information

  • Lot Size Acres: 5.42
  • Water Source: City

Lot 400 Oregon Highway 99E Neighborhood

Community

97389 (Tangent) Demographics

41
Median Age
54
Population Density (per sq. mile)
31%
College Educated
$70,688
Estimated Median Income
452
Estimated Total Home Owners
247
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Lot 400 Oregon Highway 99E Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Lot 400 Oregon Highway 99E Market Data

Based on the last 30 days in this zip code

$378,985
Average List Price
$205
Average Price per Square Foot
2
Properties Sold
139
Average Days on Market
7
Properties for Sale
Calculations provided by Reliance Network

Lot 400 Oregon Highway 99E History

Date Event Value Agent
2/23/2026Source: Willamette Valley MLS Added to Database
February 23, 2026