Agricultural

Salem, OR Agricultural Land / Farmland for Sale

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Keizer, OR Turner, OR Rickreall, OR
EFU Agricultural Land with Shop Storage
Updated: Jun 9
EFU Agricultural Land with Shop Storage

2959 Zena Rd NW, Salem, OR 97304

$550,000
5,100 sqft · 9.78 AC lot
EFU property with nearly 10 acres
Extensive shop and storage improvements for equipment storage and contractor use
Designed for agricultural operations and other permitted EFU uses
Conveniently located just minutes from West Salem
Buyer to verify permitted uses and dwelling eligibility; due diligence required
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Build-Ready Agricultural Land
Updated: Mar 9
Build-Ready Agricultural Land

3154 Kwonesum Ct S, Salem, OR 97306

$599,000
5.37 AC lot
5.17‑acre ready‑to‑build property at the end of a cul‑de‑sac
Septic approved for on‑site wastewater
Water source: well
Forest and pasture with lots of usable ground
Views from the property include the Willamette Valley below, Mary’s Peak, and the Coast Range
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Secluded Farmland Parcel with Trees
Secluded Farmland Parcel with Trees

Grice Hill Ct NW lot: 6, Salem, OR 97304

$375,000
4.91 AC lot

A 4.91-acre AR5-zoned parcel with mature trees and available electricity and high-speed internet.

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Fenced EFU Farmland Parcel
Fenced EFU Farmland Parcel

TA 341853 Michigan City Ln NW, Salem, OR 97304

$425,000
19.67 AC lot

Level, fully fenced farmland with straightforward paved-road access, offered under EFU zoning for buyer-verified use.

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Rolling Pasture and Forest Land
Rolling Pasture and Forest Land

TA 536193 Riverside Rd S, Salem, OR 97306

$795,000
45.00 AC lot

Rolling hills with pasture and forest, zoned for limited residential development across two tax lots.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Salem, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Dallas, Oregon Land with Entitlement
Dallas, Oregon Land with Entitlement

2565 E Ellendale Ave, Dallas, OR 97338

$429,900
1,152 sqft · 7.85 AC lot

7.85-acre farm candidate with home site authorization.

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Industrial Zoned Development Site
Industrial Zoned Development Site

8575 Hoffman Road, Independence, OR 97351

$12,325,000

Large industrial-zoned parcel in city limits with utility availability for future manufacturing, warehousing, or industrial park development.

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Industrial-Zoned Land Inside City Limits
Industrial-Zoned Land Inside City Limits

8575 HOFFMAN RD, Independence, OR 97351

$6,600,000

Industrial-park zoned land currently farmed within Independence city limits.

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Land with Prime Bottom Soils
Land with Prime Bottom Soils

11445 Whiteaker Rd, Dallas, OR

$2,500,000
79.33 AC lot

Land featuring timber, woodland, ponds, and gated private access.

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Salem, OR Agricultural Land / Farmland Market Trends and Statistics

Explore 5 agricultural land / farmland for sale in Salem, OR, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 5,100 square feet of properties for sale, with an estimated market value of $550,000.

Sale prices for farmlands in Salem, OR start at $550,000, averaging $550,000, and reaching up to $550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 279K
Population Growth (5Y) +5.0%
Median Household Income $76,436
College Educated 19.3%

High-Yield Neighborhoods for Investment

Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
97304 $450K
97306 $697K

Taxes & Financing

Tax Rate (average for all types) 1.85%
Property Tax per SF $20.84 per SF
Tax Rate vs County Average 0.05 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marion County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Marion County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Salem fall within the under-1-acre range.

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