Salem, OR
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    Salem, OR Land for Sale

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    Keizer, OR Rickreall, OR Jefferson, OR
    68 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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    Land with Valley and Mountain Views
    $599,000
    5.37 Acres

    Land with Valley and Mountain Views

    3154 Kwonesum Ct S, Salem, OR 97306

    5.37 acres of land with approved septic in Salem.

    • 5.17 acres of land ready for building.
    • Magnificent views and sunsets overlooking the Willamette Valley, Mary's Peak, and the Coast Range.
    • Septic approved and lots of usable ground.
    • Privacy and tranquility in a cul‑de‑sac location.
    • Forest and pasture land.
    Updated: Mar 9
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    South Salem 5-Acre Parcel
    $475,000
    5.00 Acres

    South Salem 5-Acre Parcel

    Flat, usable land in South Salem with territorial views.

    Lot #1 Ballyntyne Rd, Salem, OR 97302
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    Residential Lot in South Salem
    $175,000
    2,472 SF

    Residential Lot in South Salem

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

    3240 Cooke St S, Salem, OR 97302
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    Development Land in South Salem
    $950,000
    5.83 Acres

    Development Land in South Salem

    5.83 acres of land in South Salem, Oregon.

    Maplewood Dr S, Salem, OR 97302
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    Salem Land with Territorial Views
    $420,000
    4.91 Acres

    Salem Land with Territorial Views

    4.91 acre parcel with territorial views near amenities.

    Lot 6 Grice Hill Ct NW, Salem, OR 97304
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    South Salem 5-Acre Land Parcel
    $495,000
    5.00 Acres

    South Salem 5-Acre Land Parcel

    Flat, usable land in South Salem with building possibilities.

    1 Ballyntyne Rd, Salem, OR 97302
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    South Salem Acreage Parcel
    $525,000
    2.37 Acres

    South Salem Acreage Parcel

    Scenic, treed acreage parcel in South Salem.

    2881 Forest Haven Wy S, Salem, OR 97302
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    45 Acres of Scenic Land
    $795,000
    45.00 Acres

    45 Acres of Scenic Land

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

    Ta 536193 Riverside Rd S, Salem, OR 97306
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    Residential Lot in Creekside Estates
    $190,000
    0.33 Acres

    Residential Lot in Creekside Estates

    Residential lot with golf course views and community amenities.

    535 Sahalee Dr SE, Salem, OR 97306
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    Developed Lot Ready to Build
    $149,900
    0.19 Acres

    Developed Lot Ready to Build

    West Salem lot with approved 4-Plex plans and utilities.

    2446 Morrow Ct NW, Salem, OR 97304
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    Salem View Lot Ready to Build
    $164,900
    0.21 Acres

    Salem View Lot Ready to Build

    Large lot with northern views and stubbed utilities.

    Parcel 2 Doaks Ferry Rd NW, Salem, OR 97304
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    Redevelopment Opportunity on River Road
    $599,900

    Redevelopment Opportunity on River Road

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

    3297 River Rd N, Salem, OR 97303
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    South Salem Acreage Parcel
    $525,000
    2.37 Acres

    South Salem Acreage Parcel

    Rare 2.37-acre parcel in South Salem with well and septic.

    2881 Forest Haven Way S, Salem, OR 97302
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    Residential Lots in Mérida
    $1,069,225

    Residential Lots in Mérida

    Residential lots with amenities in Cholul, Mérida.

    Salem, 97305
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    Salem Farmland with Development Potential
    $499,900
    19.67 Acres

    Salem Farmland with Development Potential

    19.67 acres of EFU farmland near Salem city limits.

    Ta 341853 Michigan City Ln NW, Salem, OR 97304
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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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    Residential Land in Salem, Oregon
    $175,000
    0.24 Acres

    Residential Land in Salem, Oregon

    0.24 acre lot, close to city services.

    NW Doaks Ferry Rd, Salem, OR 97304
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    Residential Lot in Salem, Oregon
    $225,000
    0.61 Acres

    Residential Lot in Salem, Oregon

    Shovel-ready lot with utilities in desirable Salem location.

    NW Morrow Ct, Salem, OR 97304
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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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    Salem Land with River Frontage
    $1,250,000
    62.15 Acres

    Salem Land with River Frontage

    62.15 acres with approximately 0.8 miles of river frontage.

    Ta 533779 Riverside & TA 533778 Dr, Salem, OR 97306
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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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    Salem, OR Land Investment Opportunities Market Analysis

    Explore 72 land for sale in Salem, OR, showcased through 68 active listings on our real estate platform. These investment opportunities span a total of 349,437 square feet of properties for sale, with an estimated market value of $15,191,785.

    Sale prices for lots in Salem, OR start at $175,000, averaging $1,898,973, 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
    97306 $708.5K
    97302 $868.8K
    97304 $1.5M
    97301 $2.4M

    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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