26498 Coon RoadMonroe, OR97456

$1,200,000
30.00 acres
Elementary School: Monroe Grade
Middle School: Check with District
High School: Monroe High
Zoning: RR-2
631 days on market

VestorFilter™

Price per acre$40K/ac
Time on market631 days

Property Description

Great development potential. 30 acres currently zoned for 2 acres lots bordering the City of Monroe. The City has indicated a willingness to extend city water to help develop the two acre lots if certain requirements are met. This could drastically de-risk the development costs on the project by avoiding septics & drilling wells. Furthermore, this property is strategically located to be absorbed into the urban growth boundary (UGB). Great location for a quiet rural development.

Financial Data

Original Price$1,200,000
Current Price$1,200,000

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StatusActive
MLS ID220151328