$599,000
$401K PRICE DROP

500 55-1(next To)main St Unit 100-1 Sweethome, OR 97386

Estimated payment $3,450/month

Total Views 4,032
12.3 Acres
$48,699 Price per Acre
535,788 Sq Ft Lot

Highlights

  • 12.3 Acre Lot
  • No HOA
  • Brush Vegetation
  • Mountain View
  • High Speed Internet
  • Level Lot

About This Lot

Prime Development Opportunity! Unlock the potential of this 12.31-acre industrial/commercial parcel in the heart of Sweet Home, surrounded by established businesses and growth. Utilities are nearby, and preliminary engineering is complete—including a geotechnical report, state-approved wetland delineation, and updated zoning. Site plans are already in motion for a storage unit facility, offering a near shovel-ready project (details available upon request).Investors and developers will appreciate the flexibility—there’s even potential to revert zoning back to residential, opening the door for single-family or duplex development. Excellent visibility along Highway 20, easy access to town amenities, and proximity to the Foster Lake recreation area make this a standout opportunity.Whether you’re pursuing commercial use, light industrial, or residential development, this property offers the location, preparation, and versatility to make your vision a reality.Key Highlights:• 12.31 acres zoned Industrial/Commercial• Engineering, geo report & wetland delineation completed• Utilities available nearby• Surrounded by thriving local businesses• Option to change zoning back to residential• Near Foster Lake & city amenitiesA rare find in the Willamette Valley—build your next investment here!

Listing Agent

Shasta Krake

Realty One Group Willamette Valley License #200603258 Listed on: 05/05/2025

Realty One Group Willamette Valley

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,521

Lot Details

  • 12.3 Acre Lot
  • Brush Vegetation
  • Level Lot
  • Property is zoned indus

Property Views

  • Mountain
  • Territorial

Schools

  • Foster Elementary School
  • Sweet Home Middle School
  • Sweet Home High School

Utilities

  • Sewer Connection More Than 500 Feet Away
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0257424

Property Details

Property Type

Land

Est. Annual Taxes

$3,521

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Land
  • Property Sub Type: Industrial
  • Property Attached Yn: No
  • Current Price For Status: 599000.0
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: Acres1to3

Exterior Features

  • Lot Size: 1 to 2.99 Acres
  • Waterfront: No
  • View: Yes
  • Road Frontage: Yes
  • Lot Features: Brush, PublicRoad
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • View: Mountain,Territorial

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: PublicSewer, PublicWater500FeetPlus, SeeRemarks, Sewer500FeetPlus
  • Internet Service Type: Cable
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: No

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Foster
  • High School: Sweet Home
  • Middle Or Junior School: Sweet Home

Lot Info

  • Zoning: indus
  • Present Use: Commercial, Industrial, MixedUse
  • Land Description: Level
  • Land Lease: No
  • Lot Size Acres: 12.3
  • Lot Size Sq Ft: 535788.0
  • Parcel #: 0257424

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 3521.0
  • Tax Opportunity Zone: No

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2025 11/18/25 Price Changed $599,000 -28.2% --
11/04/2025 11/04/25 Price Changed $834,000 -5.7% --
09/23/2025 09/23/25 Price Changed $884,000 -1.8% --
09/23/2025 09/23/25 For Sale $899,900 0.0% --
09/02/2025 09/02/25 Off Market $899,900 -- --
07/23/2025 07/23/25 Price Changed $899,900 -7.7% --
06/10/2025 06/10/25 Price Changed $975,000 -2.5% --
05/05/2025 05/05/25 For Sale $1,000,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 244934295

Regional Multiple Listing Service (RMLS)