840 Airport Rd, Albany, OR 97322

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
840 Airport Rd,Albany, OR 97322
$2,250,000
  • 6.46 Acres
  • Lots / Land
  • Active
Listed by: david keys
Office: norris & stevens investment real estate services
MLS#:560658359
Source:PORTLAND

Price summary

  • Price:$2,250,000

About this home

This offering includes two prime parcels—3.22 acres and 3.24 acres—zoned R-5 and located in Albany, OR, just south of Swan Lakes and under half a mile from Heritage Mall. With proximity to major transit corridors, established infrastructure, and a strong local community, the property is well-positioned for immediate development.A fully approved Planned Development covers the combined 6.5 acres and includes entitlements for:• A 44-unit multifamily project across four buildings• 11 homes• 31 garage/storage units (10'x20')The project is shovel-ready: civil engineering and architectural plans are complete and stamped, landscape and erosion control plans are approved, permits are purchased, tree removal and wetland delineations are done, and all site improvements are ready to begin.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:560658359
  • Added:59 day(s) ago
  • Updated:February 10, 2026 at 12:19 PM

Structure and exterior

  • Lot area:6.46 Acres

Schools

  • High school:South Albany
  • Middle school:Calapooia
  • Elementary school:South Shore

Finances and disclosures

  • Price:$2,250,000
  • Tax amount:$2,973 (2025)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Equinox are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: February 10, 2026

New listings near 840 Airport Rd