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    3240 Cooke St S Salem, OR 97302

    For Sale
    $195,000

    LAND - Salem, OR

    Type:Single Family Residence
    Lot size:
    0.31 Acres
    Days on Market:
    171
    Last Refresh:
    Dec 14 at 9:06 am

    Property Features for 3240 Cooke St S

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    RS
    APN
    320732
    Lot size
    0.31 Acres

    HomeSmart Realty Group (971) 599-5865 [email protected]

    Listing agent Roxanne Noud (971) 599-5865

    Listing date Jun 27, 2025

    MLS# 184853554 Listing URL

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Established Neighborhood

    This 0.31-acre lot is located in an established neighborhood in South Salem, Oregon, offering proximity to schools, shops, and restaurants. The property is suitable for investors or builders. Specific-designed plans for a 2,472 sq.ft., 1-story home with a bonus room are included in the sale to meet easement requirements. The zoning is RS.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.052113
    Latitude
    44.909912

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    FAQs

    What type of property is this?
    Land - Build-ready lot in South Salem near schools and shops.
    Where is this land located?
    The property is located at 3240 Cooke St S Salem, OR.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: - Build-ready lot in desirable South Salem neighborhood.; - Includes specific-designed plans for a 2,472 sq.ft. 1-story home with bonus room.; - Prime location: minutes from schools, shops, and restaurants.
    (971) 599-5865
    Request Owner's contact information
    3240 Cooke St S Salem, OR 97302
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    Salem, OR 97302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3240 Cooke St S Salem, OR 97302
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