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Corner Retail Development Land
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1035 Commercial St SE, Salem, OR 97302

Two bare land parcels on a corner are zoned for commercial retail with daily traffic counts above 28,000.

Property SizeContact for details
Lot Size0.58 Acres
Days on Market122

Property Features for 1035 Commercial St SE

General Information

Standard status Active
Lot size 0.58 Acres
Property subtype Land

Site & Location

Traffic Count 28,000 vehicles/day
Road Access Yes
Listing Agency: Hancock Real Estate
Listed By: Terry Hancock · License #OR 200110013
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 20 at 5:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hancock Real Estate

Investment Insights

Based on property information with market context.

This offering includes two parcels of bare commercial land totaling 0.58 acres. The property is zoned for commercial retail and is located on the corner of Commercial St SE and Bush St SE.

The site is described as having daily traffic counts in excess of 28,000, supporting strong visibility. The seller notes convenient access for biking and walking.

The seller has completed preliminary designs, drawings, and a pre-application with the City of Salem, which is available for review upon signature of an NDA.

Key Highlights

  • Two bare land parcels totaling 0.58 acres on the corner of Commercial St SE & Bush St SE
  • Zoned commercial retail
  • Daily traffic counts exceed 28,000

Property Analytics

Current Use

Discount Fireworks Superstore Discount Store

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Catering Service

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

Lease Details

28,000 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,785
Businesses Nearby

Demographics for 97302, OR

39,776
Population
17,888
Households
2.2
Avg Household Size
41
Median Age
43%
College-Educated
95%
High-School Grad
23.5 sq mi
ZIP Area
1,693
Density / Sq Mi
$83,697
Median Household Income
$44,623
Median Earnings
$1,230
Median Rent
$415,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Two bare land parcels on a corner are zoned for commercial retail with daily traffic counts above 28,000.
Where is this commercial land located?
The property is located at 1035 Commercial St SE Salem, OR.
What are key features of this property?
This property features: Two bare land parcels totaling 0.58 acres on the corner of Commercial St SE & Bush St SE; Zoned commercial retail; Daily traffic counts exceed 28,000
(503) 371-1234 Call to check price and availability
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