Commercial

Salem, OR Commercial Land for Sale

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Keizer, OR Turner, OR Aumsville, OR Jefferson, OR Independence, OR Brooks, OR Gervais, OR Klamath Falls, OR
26 properties
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Mixed-Use Property with Undeveloped Land
Updated: Aug 13
Mixed-Use Property with Undeveloped Land

3912 Commercial St SE, Salem, OR 97302

$485,000
325 sqft 0.44 AC lot
Two‑parcel mixed‑use property with an undeveloped rear portion
Existing tenant land lease in place
MU‑3 zoning, identified as Mixed Use III
Approximately 70 feet of frontage on Commercial Street
325 square feet of existing property improvements
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Commercial Land with Development Plans
Updated: Apr 21
Commercial Land with Development Plans

1845 Beach Ave NE, Salem, OR 97301

$289,900
0.46 AC lot
0.46‑acre commercial land parcel
CG zoning, identified as Commercial General
Utilities stubbed to the lot
Plans available for a proposed 3,000‑square‑foot shop
Proposed shop includes offices, break room, and bathroom
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Mixed-Use Land with Frontage
Mixed-Use Land with Frontage

3912 Commercial St SE, Salem, OR 97302

$485,000
325 sqft

Two-parcel commercial land offering an existing land lease, undeveloped rear area, and Mixed Use III zoning.

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See hot listings in Salem

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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Local Demand available after sign in
Corner Commercial Land Near Signalized Intersection
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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Health Services Development Land
Health Services Development Land

2450 Strong Road Southeast, Salem, OR 97302

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44 sqft

PH-zoned acreage supports healthcare, rehabilitation, and community-focused development uses.

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Waterfront Commercial Development Land
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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Industrial Development Land at I-5
Industrial Development Land at I-5

3425 Litchfield Pl SE, Salem, OR 97317

$5,285,000
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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48.24 Acres Development Opportunity
48.24 Acres Development Opportunity

6100 Turner Road Southeast, Salem, OR 97317

$3,700,000
48.24 AC lot

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

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165+ Acre Development Opportunity
165+ Acre Development Opportunity

5250 Eastland Avenue Southeast, Salem, OR 97317

$4,350,000
165.74 AC lot

165.74-acre parcel suitable for industrial and commercial development.

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Three-Building Mixed-Use Campus
Three-Building Mixed-Use Campus

1309 Ferry St SE, Salem, OR 97301

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55,481 sqft 2.04 AC lot

Three buildings on neighboring parcels support a range of mixed-use occupancy configurations under Mixed Use I zoning.

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Agricultural Land Near Railroad
Agricultural Land Near Railroad

Lot 1 River Rd N, Salem, OR 97303

$889,000

Farm acreage is divided into two tax lots with access to I-5 through River Rd.

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Mixed-Use Commercial Land
Mixed-Use Commercial Land

2557 NE Hummingbird ST, Salem, OR 97301

$1,200,000

MUIII-zoned land near I-5, transit, schools, shopping, and established residential areas.

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IC-Zoned Commercial Land
IC-Zoned Commercial Land

3095 Portland Rd NE, Salem, OR 97301

$250,000

IC zoning with a Portland-Fairgrounds Rd. Overlay Zone allows retail, industrial, and office uses.

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4.71 Acres of Residential Land For Sale
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
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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Development Opportunity in Salem
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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Land Near Costco For Development
Land Near Costco For Development

4826 Battle Creek Rd SE, Salem, OR 97302

$1,648,310

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

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Mixed-Use Development Land
Mixed-Use Development Land

1343-1375 Hall St NE, Salem, OR 97301

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Four vacant parcels offer a consolidated commercial land position for development or long-term holding.

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Retail Development Land Parcel
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
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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IC-Zoned Commercial Land
IC-Zoned Commercial Land

4777 32nd Avenue SE, Salem, OR 97317

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Commercial land offering multiple parcels, a completed survey, and access to a range of permitted uses.

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Salem Land with Retail Potential
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
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
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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Salem, OR Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Salem, OR, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 13,692,402 square feet of properties for sale, with an estimated market value of $31,807,210.

Sale prices for commercial lots in Salem, OR start at $125,000, averaging $2,271,943, 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

Residential land & home lots 50
Commercial land 41
Industrial land 20
Agricultural land / Farmland 13
Waterfront Land 7

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
97302 $872.8K
97303 $889K
97301 $1.5M
97317 $4.4M
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)

Property Size Breakdown

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

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