Listed By: George Grabenhorst Show Phone

Added: Jan 29, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

This 4.71-acre residential land is located in Salem, Oregon. Zoned Salem-RA (Residential Agriculture), the property offers versatile development potential. Its location provides access to the Oregon State Capitol, Willamette University, and Riverfront Park. The property's size allows for land utilization, making it suitable for residential development or agricultural uses. This investment opportunity is located in a sought-after area.

Key Highlights

• Zoned Salem - RA- Residential Agriculture
• Prime location in the Salem area
• Ideal for residential development

Property Analytics

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Current Use

Land

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Parking Lot & Garage Electrical Service Accounting Firm

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

23

Businesses Nearby

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Demographics for 97301, OR

56,393

Population

21,419

Households

2.6

Avg Household Size

34

Median Age

18%

College-Educated

81%

High-School Grad

11.3 sq mi

ZIP Area

4,991

Density / Sq Mi

$57,497

Median Household Income

$33,220

Median Earnings

$1,197

Median Rent

$310,800

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - 4.71 Acres of Residential Land For Sale in Salem, OR 97301

Where is this land located?

The property is located at 4560 Center Street Northeast Salem, OR.

What is the asking price?

The asking price for this property is $3,500,000.

What are key features of this property?

This property features: Zoned Salem - RA- Residential Agriculture; Prime location in the Salem area; Ideal for residential development