Baptist Church Dr. – next to 40585

Tax Lot 1008 Linn County, OR. See seller land sale contract offer below.

The parcel is 10 acres in size and located approximately 20 miles east of Albany, OR and equidistant between Lebanon and Scio. Diverse woodland with a high volume of timber, primarily Douglas Fir, among other species of hardwoods. Designated buildable home site located in the middle of the property with installed septic tank and field. Property access by gated, private, 600′ gravel road. Power access located 100′ to an existing neighboring pole/transformer. No well on property at the current time. Limited territorial view located to the southwest, otherwise secluded park-like setting. Rectangular dimensioned property with gradual sloping north and south boundaries. East and west boundaries are partially fenced. Structural fire protection district Lebanon, OR. Forest fire protection district; Oregon Department of Forestry, Mahama-Lyons, OR region. Professional timber consult conducted May 2021 with estimated 210-250 mbf merchantable trees. Area zoned rural residential/timber (RRT5). Partitioning into two 5 acre parcels feasible with due diligence. School districts include Lacomb Elementary (K-8) and Lebanon High School (9-12). Private real estate structured land contract sale of the property utilizing both a local law firm plus separate title/escrow services anticipated during the 2023 calendar year.

Seller Land Sale Contract
Offering: 550,000.00
Terms: 10% down payment (55,000.00), 495,000.00 financed, 15 year duration @ 5% interest.