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    Salem, OR Commercial Land for Sale

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    Keizer, OR Rickreall, OR Jefferson, OR
    32 results
    Prime Commercial Parcel in Salem
    $289,900
    3,000 SF

    Prime Commercial Parcel in Salem

    1845 Beach Ave NE, Salem, OR 97301

    Versatile 0.46 acre commercial land with utilities and I-5 access.

    • 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.
    Updated: Apr 21
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    Redevelopment Opportunity on River Road
    $599,900

    Redevelopment Opportunity on River Road

    3297 River Rd N, Salem, OR 97303

    Commercial land for retail or office redevelopment with high traffic counts.

    • Prime redevelopment opportunity at a signalized intersection in a high‑traffic location.
    • High daily traffic count (nearly 30,000 vehicles) on the "going to work" side of River Road.
    • Excellent access to Salem Parkway and Interstate 5.
    • Zoned Salem‑MU‑III, allowing for a wide range of commercial uses.
    • Strategic location at the intersection of Salem and Keizer, close to major roadways.
    Updated: Jan 26
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    Developable Land Near Oregon Capitol
    $1,600,000

    Developable Land Near Oregon Capitol

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

    210 Capitol St. NE, Salem, OR 97301
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    Salem Commercial Land For Sale
    $80,000
    0.13 Acres

    Salem Commercial Land For Sale

    IG zoned property with easy access and utilities.

    3515 BROOKS Ave, Salem, OR 97301
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    Land Near Costco For Development
    $1,648,310

    Land Near Costco For Development

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

    4826 Battle Creek Rd Se Salem, OR 97302, Salem, OR 97302
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    Salem Investment Opportunity on Portland Rd
    $125,000
    0.25 Acres

    Salem Investment Opportunity on Portland Rd

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

    3000 Blk Portland Rd NE, Salem, OR 97301
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    Development Opportunity in Salem
    $795,000
    1.21 Acres

    Development Opportunity in Salem

    1.21-acre pad site with utilities and high visibility.

    2195 Hyacinth St NE, Salem, OR 97301
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    Industrial Property with Riverfront Redevelopment
    Contact for pricing
    11,098 SF

    Industrial Property with Riverfront Redevelopment

    Industrial property for sale with riverfront redevelopment potential.

    110 Division St NE, Salem, OR
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    Redevelopment Opportunity in South Salem
    Contact for pricing
    4,416 SF

    Redevelopment Opportunity in South Salem

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

    3212 Triangle Dr SE, Salem, OR 97302
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    Lancaster Drive Land For Sale
    $895,000
    0.84 Acres

    Lancaster Drive Land For Sale

    Land for sale near Olive Garden and Willamette Town Center.

    1302 Lancaster Dr NE, Salem, OR
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    Redevelopment Site in West Salem
    $5,850,000
    5.29 Acres

    Redevelopment Site in West Salem

    Flat, rectangular site primed for redevelopment in West Salem.

    740 Bassett St NW, Salem, OR
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    48.24 Acres Development Opportunity
    $2,000,000
    48.24 Acres

    48.24 Acres Development Opportunity

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

    6100 Turner Rd SE, Salem, OR 97317
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    Salem Investment Opportunity on Portland
    $125,000

    Salem Investment Opportunity on Portland

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

    3000 Blk Portland Rd NE, Salem, OR 97301
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    165+ Acre Development Opportunity
    $4,350,000
    165.74 Acres

    165+ Acre Development Opportunity

    165.74-acre parcel suitable for industrial and commercial development.

    5250 Eastland Avenue Southeast, Salem, OR 97317
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    Salem Land I-5 Access
    Contact for pricing

    Salem Land I-5 Access

    Land for sale with development approvals and favorable zoning.

    Salem, OR 97301
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    Commercial Land on Lancaster Drive
    Contact for pricing
    0.30 Acres

    Commercial Land on Lancaster Drive

    High-exposure commercial/retail development lot on Lancaster Drive NE.

    3271 Lancaster Dr NE, Salem, OR
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    Freestanding Office Building with Land
    Contact for pricing

    Freestanding Office Building with Land

    Two-story office building with land in North Salem.

    Salem, OR 97305
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    4.71 Acres of Residential Land For Sale
    $3,500,000
    205,168 SF

    4.71 Acres of Residential Land For Sale

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

    4560 Center Street Northeast, Salem, OR 97301
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    Commercial Land in High-Traffic Area
    $499,900
    94,960 SF

    Commercial Land in High-Traffic Area

    Corner lot zoned for general commercial use with development potential.

    423 Lancaster Drive Southeast, Salem, OR 97317
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    Versatile Land Parcel in Salem
    $1,300,000
    3.09 Acres

    Versatile Land Parcel in Salem

    3.09-acre property suitable for development or various commercial uses.

    3650 Mainline Dr NE, Salem, OR 97301
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    Freestanding Office Building with Land
    Contact for pricing
    10,059 SF

    Freestanding Office Building with Land

    Two-story office building with adjacent CR-zoned land for sale.

    4707 Silverton Rd NE, Salem, OR 97305
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    Commercial Land For Sale
    $1,395,000
    1.78 Acres

    Commercial Land For Sale

    Commercial land available for purchase.

    3305 Portland Rd NE, Salem, OR
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    5.37 Acres Vacant Land Available
    $1,635,000
    5.37 Acres

    5.37 Acres Vacant Land Available

    5.37 acres of vacant land zoned IG; UT-10.

    3780 Boone Rd SE, Salem, OR
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    Commercial Land Near Fred Meyer
    $700,000
    0.68 Acres

    Commercial Land Near Fred Meyer

    Approximately 30,000 SF commercial land with access easement.

    477 Madrona Ave SE, Salem, OR
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    Salem, OR Commercial Land Investment Opportunities Market Analysis

    Explore 72 commercial land for sale in Salem, OR, showcased through 32 active listings on our real estate platform. These investment opportunities span a total of 318,628 square feet of properties for sale, with an estimated market value of $11,056,785.

    Sale prices for commercial lots in Salem, OR start at $289,900, averaging $2,764,196, and reaching up to $6,766,985 — 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 land 38
    Industrial land 16
    Residential land & home lots 11
    Agricultural land / Farmland 3
    Waterfront Land 2

    Property Size Breakdown

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

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    97303 $599.9K
    97301 $1.3M
    97302 $2.7M
    97317 $3.4M

    Taxes & Financing

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

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