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6351 SW Advance Rd, Wilsonville, OR 97070 — photograph 1

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6351 SW Advance Rd, Wilsonville, OR 97070 — photograph 1
4.04 Acres

6351 SW Advance Rd, Wilsonville

$2,195,000

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ActiveMLS®: 430057431Listing held by another brokerage, marked RMLS
Lot size
4.04 acres
Property type
Land
Days on market
82

Overview

Rare development opportunity in the heart of Wilsonville's Frog Pond East and South Master Plan area. This 4-acre parcel is currently zoned EFU and lies within the City's adopted Frog Pond East and South Master Plan area (Ordinance No. 870), positioning it for future residential development pending annexation and a zone map amendment to the RN zoning designated for this area under the Master Plan. The City's development code sets a minimum of 24 dwelling units for this site. Public water and sewer lines run in SW Advance Rd in front of the property. Buyer to verify. This site offers a builder or developer an entry point into a City-adopted master plan with an infrastructure funding plan and housing standards already in place. An older farmhouse currently sits on the property. The home is not the focus of this offering. This listing is being marketed for its land value and development potential under the Master Plan, and buyers should evaluate the property on that basis. Buyers and buyer's agents are responsible for independently verifying zoning status, annexation requirements, density, buildable area, utility access, easement locations, and Master Plan compliance with the City of Wilsonville and Clackamas County prior to making an offer. Developer package available. Contact agent with questions or to schedule a showing.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
4.04 acres
View
No

Schools

High school
Wilsonville
Middle school
Meridian Creek
Elementary school
Boeckman Creek

Location

City
Wilsonville
County
Clackamas
Zoning
EFU
Subdivision
FROG POND

Taxes and dues

Annual taxes
$7,048

Location

6351 SW Advance Rd, Wilsonville, OR 97070

Map showing the location of 6351 SW Advance Rd, Wilsonville, OR 97070
© Mapbox © OpenStreetMap

Monthly payment estimate

$12,270 /mo

20% · $439,000
7.00%
Principal and interest
$11,683
Property tax
$587
Total
$12,270

Estimate only, and not an offer of credit. Assumes 20% down ($439,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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