Imagine the possibilities with this truly rare and exceptional investment opportunity-a vacant 5,227 square foot lot located in the gorgeous Smith Point area of Astoria, Oregon. This isn't just a piece of land; it's a blank canvas offering developers and visionary builders an ideal launching point for new construction in our dynamic real estate market. With permanent structures you can move immediately into planning and executing a custom-designed, ground-up project to maximize your return.This property provides unique development flexibility, with its R-3 High Density Residential zoning, allowing you to choose from a wide range of residential uses. Whether you envision building a substantial custom single-family residence, an income-generating two-family dwelling, or even a high-yield multi-family project, this could be the perfect property. City water and sewer mains are located nearby with easy access for connecting to existing infrastructure. This outstanding opportunity delivers a winning combination: a prime Astoria location, exceptional value, and the incredible freedom of R-3 high-density zoning. Buyers are responsible for conducting their own comprehensive due diligence. Including but not limited to fully investigating zoning, permitted uses, setbacks, utility connection costs, geological engineering. This strategically positioned piece of Astoria real estate is truly ready for your vision-secure it today and start building! Second lot available above on Alameda(see MLS #121794851)