527 NW 23rd St Land Development

527 NW 23rd St , Corvallis, OR 97330

Property Information

  • For Sale Contact for pricing
  • Property Type Other
  • Date Updated May 15, 2026

Description

  • HFO is pleased to offer a rare 0.86-acre infill site just blocks from Oregon State University
  • RS-20 Zoning: No unit/bedroom caps, no parking minimums, 65’ height limit 
  • Possible Development Potential: Up to 168,000 GSF / 6 stories (buyer to verify) 
  • Prime Student Housing Location: 4 blocks from Oregon State University 
  • Tight Market: 99–100% occupancy, over 80% pre-leased for 2025/26 school year
  • High Demand, No New Supply: Ideal for delivering much-needed housing. Ranked #4 nationally for YOY rent growth at 14.1% 
  • An Unmatched Opportunity: Located in one of Oregon’s most supply-constrained student markets

Contacts

Adam Smith

HFO Investment Real Estate | a Member of GREA

Ken Wellar

GREA

Steffan Ramos

GREA

Location

  • 82/100 Very Walkable
  • 36/100 Some Transit
  • 100/100 Biker's Paradise
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Contact 527 NW 23rd St Land Development
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