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    3297 River Rd N Salem, OR 97303

    Picture of Commercial land at River Rd N 3297, Salem, OR
    For Sale
    $699,900

    COMMERCIAL - Salem, OR

    Property size:
    1,689 SF
    Lot size:
    0.70 Acres
    Days on Market:
    80
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 3297 River Rd N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MUIII
    APN
    525797
    Size
    1,689 SF
    Lot size
    0.70 Acres

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1939
    Floors in Building
    2
    Building materials
    MetalFrame, WoodSiding
    Roof type
    Metal, Composition, Membrane

    Bledsoe Santana Team Realty LLC (503) 446-5411 [email protected]

    Listing agent Jackie Zurbrugg (971) 900-4050

    Listing date Sep 17, 2025

    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

    Commercial Land in Salem, Oregon

    This commercial land is located at 3297 River Rd N in Salem, Oregon, within the 97303 postal code. Situated in the Salem Keizer area, the property benefits from its proximity to key commercial locations in both Salem and Keizer. The property has a lot size of 0.7 acres. The property's zoning is MUIII, which allows for a variety of uses. The area's strong economic and population growth forecasts make it an attractive opportunity for land and retail-pad investors looking to capitalize on the regions development momentum.
    Property Profile Location Intelligence

    Current Use by Public Records

    A-1 Fritz & Son ... Upholstery Shop

    Suggested Use

    Realty agency Law Firm 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
    -123.028762
    Latitude
    44.973798

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land for sale in Salem Keizer area.
    Where is this commercial land located?
    The property is located at 3297 River Rd N Salem, OR.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: - Prime investment potential in the Salem Keizer area; - Strategic location with proximity to Salem and Keizer commercial areas; - Strong economic and population growth forecasts
    (971) 900-4050
    Request Owner's contact information
    3297 River Rd N Salem, OR 97303
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    Salem, OR 97303
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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
    3297 River Rd N Salem, OR 97303
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