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$489,000
752637550 MLS
Rare opportunity to acquire a fully approved 5-unit townhome-style multifamily development situated on approximately 8,625 SF (0.198 acres) in the heart of Canby, Oregon. The project has received final City approval and is positioned within one of Canby's established residential neighborhoods.For approximately $780,000 in equity, a developer can satisfy the estimated 40% construction lender contribution typically required for a new multifamily development of this size. The underlying land is offered at $499,000, providing a compelling entry point into new construction multifamily development.PROJECT HIGHLIGHTS• Approved 5-unit multifamily townhome development• Approximately 8,625 SF lot (0.198 acres)• Final City of Canby approval with no appeals filed• Two-building design• Three larger townhomes with attached garages• Two additional residential units with dedicated parking• Approximately 6,824 SF total living area• Approximately 7,511 SF total built area including garages• Central Canby infill location with strong demand for new housing• Development package available upon requestBased on current planning assumptions:• Estimated total development cost: approximately $1.87M–$1.95M• Estimated equity requirement: approximately $747,000–$780,000• Expected annual rental income: approximately $155,400• Projected completed project value: approximately $2.085M• Potential upside scenario exceeding $2.2MGreat project for developers seeking:• Long-term rental ownership• Build-to-rent investment• Individual unit sales, subject to applicable legal, platting, condominium, and regulatory requirements• Hybrid hold-and-sell strategiesOpportunities to acquire approved multifamily infill projects in central Canby are increasingly limited. The Residences at Fourth Avenue offers a development-ready project with approvals in place, defined construction assumptions, and multiple potential exit strategies.Complete approval documents, site plans, development

442 NW 4TH AVE, Canby

$999,000
561936190 MLS
Rare opportunity to acquire a 1.54-acre M1 zoned Light Industrial parcel in one of Canby’s most sought-after industrial locations. Positioned next to the newly constructed OLCC facility and surrounded by established core businesses, this site offers immediate credibility, long-term stability, and strong demand drivers.This property stands out with extensive due diligence already completed and the project advanced to the permitting stage for a proposed 17,500 sq ft industrial building. Existing plans,tests and permit work may be available to a buyer for an additional cost, providing a valuable head start and significantly reducing development timelines.The site is flat, highly usable, and conveniently located near Highway 99E, offering efficient access for logistics, employees, and customers. Ideal for owner-users, developers, or investors seeking a strategically located, permit-ready industrial site in a growing community.

105 S HAZEL DELL WAY, Canby

$325,000
24543656 MLS
The Final Phase of 15 Buildable Estate sized lots in Northwood Estates in the community of Canby OR has been released. Northwood Estates is unique and BEAUTIFULLY PLANNED Development located in idyllic Canby, OR. There are over 3 acres of park incorporated into the 4-phased development. These buildable estate lots are for anyone looking to build their dream home or retirement home and want value for their investment. Considering size, location, and pricing--this is a tremendous opportunity. Whether you are a retired or looking for a place to raise your family or a Builder, Canby OR is the right place and Northwood Estates is the right choice. 11 of the initial 15 LOTS are READY TO BUILD and AVAILABLE--4 have been sold and 2 custom one level homes constructed. LOT SIZES all 9000 SF plus. NO HOA. Northwood Estates is a master-planned development of custom homes and park land located in Canby, Oregon, between NW 9th Avenue and NW Territorial Road, just east of Birch Street. It is a quiet neighborhood in close proximity to the city center with beautiful natural views of the surrounding farmland. The internationally known Swan Island Dahlia Farms are short a distance from the development. Bordered by the Willamette and Molalla Rivers, Canby provides an area isolated from the surrounding metropolitan growth, and an area rich in history and agricultural heritage. With a highly regarded school system, it is also the home of the county fair and is a peaceful and quiet small town within easy driving distance to all that the Portland metro area has to offer. Both pricing and sale information is available in Photo section of listing and on the Northwood Estates Website. This incredible offering and pricing will not be available for very long. 4 lots have been sold--so move quickly. We invite you to visit our exceptional Phase 4 development in Canby and take advantage of this tremendous opportunity to build your dream home. Owners will consider all offers.

NW 10th AVE, Canby

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