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Salem, OR Land for Sale

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Keizer, OR Turner, OR Aumsville, OR Jefferson, OR Independence, OR Brooks, OR Gervais, OR Klamath Falls, OR
117 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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Agricultural Land Near Rail
Agricultural Land Near Rail

River Rd N lot: 1, Salem, OR 97303

$889,000
9.88 AC lot

EFU-zoned acreage with River Road access and adjacency to the Southern Pacific Railroad.

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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
Est. NOI available after sign in
Local Demand available after sign in
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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Development Land in South Salem
Development Land in South Salem

Maplewood Dr S lot: 25, Salem, OR 97302

$950,000
5.83 AC lot

5.83 acres of land in South Salem, Oregon.

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EFU Farmland with Shop Improvements
EFU Farmland with Shop Improvements

2959 Zena Rd NW, Salem, OR 97304

$445,000
5,100 sqft 9.78 AC lot

EFU-zoned acreage includes substantial shop and storage improvements.

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Build-Ready Agricultural Land
Build-Ready Agricultural Land

3154 Kwonesum Ct S, Salem, OR 97306

$599,000
5.37 AC lot

Septic-approved acreage on a cul-de-sac with forest and pasture, offering long-range valley views and privacy.

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Agricultural Land with Shop Improvements
Agricultural Land with Shop Improvements

2959 Zena Rd NW, Salem, OR 97304

$445,000
5,100 sqft

EFU land includes substantial shop and storage improvements for agricultural and equipment-related uses.

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45 Acres of Scenic Land
45 Acres of Scenic Land

TA 536193 Riverside Rd S, Salem, OR 97306

$795,000
45.00 AC lot

Rolling hills, pasture, and forest land with potential home sites.

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Tree-Studded Agricultural Land
Tree-Studded Agricultural Land

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

$345,000
4.91 AC lot

AR5-zoned acreage with mature trees, territorial views, and electricity and HiSpeed available.

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Corner Commercial Land Near Signalized Intersection
Corner Commercial Land Near Signalized Intersection

1778 Madras St SE, Salem, OR 97306

Contact for pricing
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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Residential Lot in South Salem
Residential Lot in South Salem

3240 Cooke St S, Salem, OR 97302

$175,000
0.31 AC lot

A .31-acre lot ready for your dream home.

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Flat Buildable Acreage with Utilities
Flat Buildable Acreage with Utilities

2531 Ballyntyne Rd S, Salem, OR 97302

$449,900
5.00 AC lot

Flat, usable 5-acre parcel in Salem zoned AR with natural gas and PG&E infrastructure available.

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Health Services Development Land
Health Services Development Land

2450 Strong Road Southeast, Salem, OR 97302

Contact for pricing
44 sqft

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

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South Salem 5-Acre Land Parcel
South Salem 5-Acre Land Parcel

1 Ballyntyne Rd, Salem, OR 97302

$495,000
5.00 AC lot

Flat, usable land in South Salem with building possibilities.

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Residential Lot in Creekside Estates
Residential Lot in Creekside Estates

535 Sahalee Dr SE, Salem, OR 97306

$190,000
0.33 AC lot

Residential lot with golf course views and community amenities.

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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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Salem View Lot Ready to Build
Salem View Lot Ready to Build

Parcel 2 Doaks Ferry Rd NW, Salem, OR 97304

$164,900
0.21 AC lot

Large lot with northern views and stubbed utilities.

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Land
Land

765 Judson St SE, Salem, OR 97302

$149,900
5,227 sqft

Residential land & home lots · 5,227 SF

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Fenced EFU Farmland
Fenced EFU Farmland

TA 341853 Michigan City Ln NW, Salem, OR 97304

$390,000
19.67 AC lot

Level, fenced acreage with paved-road access and an on-site well.

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West Salem Multifamily Development Opportunity
West Salem Multifamily Development Opportunity

2001 Wallace Rd NW |, Salem, OR 97304

$1,975,000
9 sqft

Two parcels totaling 9 acres with multifamily development potential.

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Bare Land, Salem, OR
Bare Land, Salem, OR

Best Rd NW lot: 2B, Salem, OR 97304

$719,900
5.00 AC lot

Residential land & home lots · 5.00 Acres

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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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Bare Land, Salem, OR
Bare Land, Salem, OR

Best Rd NW lot: 2A, Salem, OR 97304

$699,900
5.00 AC lot

Land · 5.00 Acres

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Salem, OR Land Market Trends and Statistics

Explore 117 land for sale in Salem, OR, showcased through 117 active listings on our real estate platform. These investment opportunities span a total of 30,774,245 square feet of properties for sale, with an estimated market value of $102,410,808.

Sale prices for lots in Salem, OR start at $60,000, averaging $1,101,191, and reaching up to $9,100,000 — 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 40
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
97305 $145K
97306 $458.7K
97302 $531.5K
97303 $889K
97304 $1.2M

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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