Commercial

Salem, OR Commercial Land for Sale

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Keizer, OR Turner, OR Rickreall, OR
22 properties
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Prime Commercial Parcel in Salem
Updated: Apr 21
Prime Commercial Parcel in Salem

1845 Beach Ave NE, Salem, OR 97301

$289,900
3,000 sqft · 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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Developable Land Near Oregon Capitol
Updated: Jan 26
Developable Land Near Oregon Capitol

210 Capitol St. NE, Salem, OR 97301

$1,600,000
Rare developable land opportunity directly across from the Oregon State Capitol.
High potential for office development due to low vacancy rates (under 1% near Capitol).
Conditional approval within current zoning for multi‑family, hospitality, or parking facility.
Environmental studies complete; "No Further Action" notice available from DEQ.
Located one block from Willamette University and four blocks from Salem's Central Business District.
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Land Near Costco For Development
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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48.24 Acres Development Opportunity
48.24 Acres Development Opportunity

6100 Turner Rd SE, 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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Development Opportunity in Salem
Development Opportunity in Salem

2195 Hyacinth St NE, Salem, OR 97301

$795,000
1.21 AC lot

1.21-acre pad site with utilities and high visibility.

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Redevelopment Opportunity in South Salem
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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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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Lancaster Drive Land For Sale
Lancaster Drive Land For Sale

1302 Lancaster Dr NE, Salem, OR

$895,000
0.84 AC lot

Land for sale near Olive Garden and Willamette Town Center.

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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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Redevelopment Site in West Salem
Redevelopment Site in West Salem

740 Bassett St NW, Salem, OR

$5,850,000
5.29 AC lot

Flat, rectangular site primed for redevelopment in West Salem.

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Industrial Property with Riverfront Redevelopment
Industrial Property with Riverfront Redevelopment

110 Division St NE, Salem, OR

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11,098 sqft · 0.78 AC lot

Industrial property for sale with riverfront redevelopment potential.

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Commercial Land in High-Traffic Area
Commercial Land in High-Traffic Area

423 Lancaster Drive Southeast, Salem, OR 97317

$499,900
94,960 sqft · 2.18 AC lot

Corner lot zoned for general commercial use with development potential.

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Commercial Land on Lancaster Drive
Commercial Land on Lancaster Drive

3271 Lancaster Dr NE, Salem, OR

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0.30 AC lot

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

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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

$6,766,985
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

$1,395,000

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

$3,825,000
6.27 AC lot

6.27 acres of industrial commercial land primed for development.

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Land Adjacent to I-5
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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Commercial Land Near Fred Meyer
Commercial Land Near Fred Meyer

3415 Commercial St SE, Salem, OR

$700,000
0.68 AC lot

Approximately 30,000 SF commercial land with frontage.

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Industrial Land Build-to-Suit Opportunity
Industrial Land Build-to-Suit Opportunity

0 Cascadia Indus St SE, Salem, OR

$565,000
0.85 AC lot

Industrial land for sale with build-to-suit opportunity.

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Prime Land Along Willamette River
Prime Land Along Willamette River

1105 Front St NE, Salem, OR

$11,999,000
13.27 AC lot

13.27 acres of pristine land near downtown Salem.

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Salem Land Along I-5 Corridor
Salem Land Along I-5 Corridor

Hwy 22 & Kuebler Blvd, Salem, OR 97317

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Commercial land in Salem, Oregon, near the I-5 corridor.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Salem, OR, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

Off-Market Properties in Salem, OR

Consider similar Off-Market properties in Salem, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2216 Commercial NE St
VACANT COMMERCIAL LAND

2216 Commercial NE St, Salem, OR 97301-0716

Value Estimation by Request
0.12 AC lot
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2230 Commercial NE St
VACANT COMMERCIAL LAND

2230 Commercial NE St, Salem, OR 97301-0716

Value Estimation by Request
0.13 AC lot
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Salem, OR Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Salem, OR, showcased through 22 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 property segments ranked by active listings on the market

Commercial land 34
Industrial land 17
Residential land & home lots 16
Agricultural land / Farmland 6
Waterfront Land 2

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
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 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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