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EFU Farmland with Shop Improvements
For Sale
Under Contract
$445,000

2959 Zena Rd NW, Salem, OR 97304

Commercial, Salem, OR

Property Size5,100 SF
Lot Size9.78 Acres
Price / SF$87.25
Days on Market101

Property Features for 2959 Zena Rd NW

General Information

Property type Commercial Sale
Property subtype Other
Zoning EFU
Standard status Active Under Contract
Size 5,100 SF
Lot size 9.78 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3339
Listing Agency: HOMESMART REALTY GROUP · HomeSmart International
Listed By: DAVID WIGGERS · License #201241880
Added: Jun 9 Changed: Sep 2 Last Checked: Sep 17 at 2:06PM
MLS# 842001

Copyright © 2026 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 9.78-acre EFU property includes 5,100 square feet of shop and storage improvements, providing physical space associated with agricultural operations, equipment storage, contractor use, and other permitted EFU activities. Buyer due diligence is required regarding permitted uses and dwelling eligibility.

Located at 2959 Zena Rd NW in Salem, Oregon, the property is described as offering proximity to West Salem while retaining privacy and room to operate. The site combines agricultural land with existing improvements that may support a range of uses subject to applicable EFU requirements.

Key Highlights

  • 9.78 acres of EFU‑zoned agricultural land
  • 5,100 square feet of shop and storage improvements
  • Potential agricultural, equipment storage, and contractor applications subject to permitted EFU uses

Property Analytics

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Current Use

Global Chem Source ... Sustainability Organization

Suggested Use

Top Pick Kitchen & Bath Showroom Hair Salon Nail Salon Grocery & Convenience Store Food Market Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

Demographics for 97304, OR

34,102
Population
14,547
Households
2.3
Avg Household Size
40
Median Age
39%
College-Educated
93%
High-School Grad
56.8 sq mi
ZIP Area
600
Density / Sq Mi
$91,731
Median Household Income
$53,370
Median Earnings
$1,441
Median Rent
$469,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - EFU-zoned acreage includes substantial shop and storage improvements.
Where is this agricultural land / farmland located?
The property is located at 2959 Zena Rd NW Salem, OR.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: 9.78 acres of EFU‑zoned agricultural land; 5,100 square feet of shop and storage improvements; Potential agricultural, equipment storage, and contractor applications subject to permitted EFU uses
More about this property
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