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Salem, OR Land for Sale

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Keizer, OR Turner, OR Rickreall, OR
62 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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Shovel-Ready Duplex Development Lot
Updated: Jun 9
Shovel-Ready Duplex Development Lot

2468 Morrow Ct NW, Salem, OR 97304

$750,469
3,159 sqft · 0.87 AC lot
Duplex concept plan includes two unit options: The Hemlock (1,590 SF) and The Hawthorne (1,569 SF)
Each proposed unit features 3 bedrooms and 2.5 baths with a one‑car garage
Open‑concept living areas and a spacious primary suite are included in the proposed duplex plans
Second‑floor laundry is included in each unit plan
0.87‑acre shovel‑ready lot in Shadow Creek Estates with utilities stubbed to the property and potential to partition
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EFU Agricultural Land with Shop Storage
EFU Agricultural Land with Shop Storage

2959 Zena Rd NW, Salem, OR 97304

$550,000
5,100 sqft · 9.78 AC lot

Versatile EFU property with shop and storage improvements suited to agricultural and contractor use, subject to permitted uses.

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Development Land in South Salem
Development Land in South Salem

Maplewood Dr S, Salem, OR 97302

$950,000
5.83 AC lot

5.83 acres of land in South Salem, Oregon.

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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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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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Secluded Farmland Parcel with Trees
Secluded Farmland Parcel with Trees

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

$375,000
4.91 AC lot

A 4.91-acre AR5-zoned parcel with mature trees and available electricity and high-speed internet.

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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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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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Treed Acreage Home Site
Treed Acreage Home Site

2881 Forest Haven Wy S, Salem, OR 97302

$525,000
2.37 AC lot

Build-ready small acreage lot with a well, septic approval, and gated rock-wall entry on a paved private drive.

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South Salem Acreage Parcel
South Salem Acreage Parcel

2881 Forest Haven Way S, Salem, OR 97302

$525,000
2.37 AC lot

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

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Flat Usable Custom Home Lot
Flat Usable Custom Home Lot

2531 Ballyntyne Rd S, Salem, OR 97302

$449,900
5.00 AC lot

Build a custom home with a shop and ADU on a flat, usable parcel with well and septic approval.

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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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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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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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Residential Land in Salem, Oregon
Residential Land in Salem, Oregon

NW Doaks Ferry Rd, Salem, OR 97304

$175,000
0.24 AC lot

0.24 acre lot, close to city services.

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Residential Lot in Salem, Oregon
Residential Lot in Salem, Oregon

NW Morrow Ct, Salem, OR 97304

$225,000
0.61 AC lot

Shovel-ready lot with utilities in desirable Salem location.

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Fenced EFU Farmland Parcel
Fenced EFU Farmland Parcel

TA 341853 Michigan City Ln NW, Salem, OR 97304

$425,000
19.67 AC lot

Level, fully fenced farmland with straightforward paved-road access, offered under EFU zoning for buyer-verified use.

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Riverfront Land with Pond
Riverfront Land with Pond

Riverside & TA 533778 Dr, Salem, OR 97306

$1,250,000
62.15 AC lot

Land with approximately 8/10 mile of river frontage and a pond for conservation, recreation, or mitigation uses.

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Rolling Pasture and Forest Land
Rolling Pasture and Forest Land

TA 536193 Riverside Rd S, Salem, OR 97306

$795,000
45.00 AC lot

Rolling hills with pasture and forest, zoned for limited residential development across two tax lots.

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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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Residential Lot in Quiet Neighborhood
Residential Lot in Quiet Neighborhood

621 Timber View Lot 11 St NW, Salem, OR 97304

$119,000
0.23 AC lot

0.225-acre lot suitable for single-family home or duplex.

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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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Residential Lot in Quiet Neighborhood
Residential Lot in Quiet Neighborhood

601 Timber View Lot 13 St NW, Salem, OR 97304

$119,000
0.19 AC lot

0.188-acre bare lot suitable for new home or duplex.

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Salem, OR Land Market Trends and Statistics

Explore 72 land for sale in Salem, OR, showcased through 62 active listings on our real estate platform. These investment opportunities span a total of 362,470 square feet of properties for sale, with an estimated market value of $17,617,254.

Sale prices for lots in Salem, OR start at $289,900, averaging $1,761,725, 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 19
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
97306 $725.8K
97304 $892.6K
97302 $959.5K
97301 $2.7M

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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