Salem, OR Commercial Land for Sale

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Keizer, OR Turner, OR Brooks, OR Aumsville, OR Jefferson, OR Gervais, OR Independence, OR Silverton, OR

25 properties

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Updated: Apr 21

Prime Commercial Parcel in Salem

1845 Beach Ave NE, Salem, OR 97301

$289,900

0.46 AC lot

Prime 0.46 acre flat commercial parcel with versatile business use potential.
Zoned Commercial General, allowing for a broad mix of permitted uses.
Utilities are stubbed to the lot, streamlining development and reducing upfront costs.
Convenient access to I‑5, supporting efficient connectivity.
Level topography keeps construction costs down and maximizes utility.

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Updated: Aug 11

Mixed-Use Commercial Land

3912 Commercial ST, Salem, OR 97302

$485,000

325 sqft

Two‑parcel commercial land package with an existing tenant land lease
Mixed Use III zoning
Approximately 70 feet of frontage on Commercial Street
Undeveloped rear portion of the parcel
Permitted uses include multifamily apartments, lodging, restaurants, office, and laboratory space

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Corner Commercial Land Near Signalized Intersection

1778 Madras St SE, Salem, OR 97306

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1 sqft 1.21 AC lot

The site includes a west-side access easement and green space along the road edge.

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Waterfront Commercial Development Land

1750 Edgewater St NW, Salem, OR 97304

$8,000,000

53.10 AC lot

Commercial general-zoned waterfront land totaling 10 tax lots with approximately 2,400 linear feet along the Willamette River.

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Redevelopment Opportunity in South Salem

3212 Triangle Dr SE, Salem, OR 97302

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4,416 sqft 0.62 AC lot

High-visibility mixed-use redevelopment opportunity on 0.62 acres.

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4.71 Acres of Residential Land For Sale

4560 Center Street Northeast, Salem, OR 97301

$3,500,000

205,168 sqft 4.71 AC lot

4.71 Acres of Residential Land For Sale in Salem, OR 97301

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Developable Land Near Oregon Capitol

210 Capitol St. NE, Salem, OR 97301

$1,600,000

Rare opportunity: developable land across from Oregon State Capitol grounds.

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Land Near Costco For Development

4826 Battle Creek Rd Se Salem, OR 97302, Salem, OR 97302

$1,648,310

Commercial land available near Kuebler and I5, across from Costco.

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Corner Retail Development Land

1035 Commercial St SE, Salem, OR 97302

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0.58 AC lot

Two bare land parcels on a corner are zoned for commercial retail with daily traffic counts above 28,000.

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Development Opportunity in Salem

2195 Hyacinth St NE, Salem, OR 97301

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1.21 AC lot

1.21-acre pad site with utilities and high visibility.

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48.24 Acres Development Opportunity

6100 Turner Rd SE, Salem, OR 97317

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48.24 AC lot

48.24-acre parcel for mixed-use development in Salem, Oregon.

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165+ Acre Development Opportunity

5250 Eastland Avenue Southeast, Salem, OR 97317

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165.74 AC lot

165.74-acre parcel suitable for industrial and commercial development.

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Multi-Terrace Development Land

3186 Orchard Heights Rd NW, Salem, OR 97304

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126.70 AC lot

Large developable parcel within Salem city limits and the UGB, zoned RA and MU-II.

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Commercial Development Land Parcel

415 Moyer Ln NW, Salem, OR 97304

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0.49 AC lot

Three combined lots offer level development space with city water access in an urban development zone.

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Retail Development Land Parcel

3271 Lancaster Dr NE, Salem, OR 97305

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0.30 AC lot

Commercial retail development lot on Lancaster Dr NE near Dairy Queen and Howard Commons Apartments.

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Salem Investment Opportunity on Portland Rd

3000 Blk Portland Rd NE, Salem, OR 97301

$125,000

0.25 AC lot

Prime .25-acre parcel in Salem's North Gateway area.

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Commercial Land at Lighted Intersection

2908 Market Street NE, Salem, OR 97301

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3.90 AC lot

3.9-acre corner site with four access points on Market Street and Park Avenue, plus a pylon sign.

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Industrial Development Land at I-5

3425 Litchfield Pl SE, Salem, OR 97317

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30.00 AC lot

IC-zoned assemblage at a northeast I-5/Kuebler intersection with hilltop elevation positioned for visibility near major retailers.

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Drive-Through Retail Kiosk Site

3301 Market St NE, Salem, OR 97301

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Kiosk building with a 50 GPM grease interceptor and 200-amp electrical service included on the drive-through site.

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Commercial Land Parcel Opportunity

5554 Commercial Street SE, Salem, OR 97306

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Bare commercial land available near national retail users and close to I-5 access.

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Salem Land with Retail Potential

Turner Rd SE & Deer Park Cutoff Rd SE, Salem, OR, Salem, OR 97317

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15,500 sqft

10 acres for retail, business park, and office uses.

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Commercial Land For Sale

3305 Portland Rd NE, Salem, OR 97301

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Commercial land available for purchase.

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Industrial Commercial Land For Sale

Lot 102 Turner Rd SE, Salem, OR 97302

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6.27 AC lot

6.27 acres of industrial commercial land primed for development.

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Land Adjacent to I-5

Kuebler Blvd, Salem, OR 97306

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Land near I-5 and shopping center in Salem, Oregon.

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Salem, OR Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Salem, OR, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 19,346,882 square feet of properties for sale, with an estimated market value of $15,648,210.

Sale prices for commercial lots in Salem, OR start at $125,000, averaging $2,235,458, and reaching up to $8,000,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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
97317	$499.9K
97301	$1.4M
97302	$1.6M
97304	$8M

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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