Salem Investment Opportunity on Portland
For Sale
$125,000
3000 Blk Portland Rd NE, Salem, OR 97301
Prime .25-acre parcel in Salem's North Gateway area.
Lot Size0.25 Acres
Days on Market188
Property Features for 3000 Blk Portland Rd NE
General Information
Standard status
Active
Lot size
0.25 Acres
Property subtype
Land
Listing Agency:
SVN | Commercial Advisors LLC
(503) 559-9397
Listed By:
George Grabenhorst · License #870500042
(503) 559-9397
Source:
Corfac
Added: Jan 26
Changed: Jul 6
Last Checked: Aug 2 at 4:51AM
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 SVN | Commercial Advisors LLC
Investment Insights
Based on property information with market context.
This .25-acre parcel of land in Salem presents a prime industrial and commercial investment opportunity. Located on Portland Rd. NE within Salem's North Gateway Rehabilitation & Urban Renewal program areas, the property benefits from versatile IC zoning, accommodating a range of industrial and commercial applications. Its strategic location provides convenient access to major transportation routes, facilitating logistics and operational efficiency. The site is located in the heart of Salem, Oregon, and in its North Gateway Rehabilitation & Urban Renewal area. The location is just minutes from I-5, providing access to the broader Pacific Northwest market. The surrounding area features key business hubs, including the Salem Municipal Airport and Salem Renewable Energy Park. Additional development opportunities exist, as five adjoining lots may also be available for purchase, potentially creating a contiguous parcel totaling approximately 0.78 acres, including the subject property and an additional 0.53 acres from the neighboring lots available. North Gateway Rehabilitation Grant dollars match 1-1, max $300,000. North Gateway Urban Renewal Grant is available up to $20,000. The property is ideal for land and industrial investors seeking growth in Salem’s market.
Key Highlights
- Located in Salem's North Gateway Rehabilitation & Urban Renewal area with potential grant funding up to $320,000.
- Versatile IC zoning allows for a wide range of industrial and commercial uses.
- Strategic location with easy access to I‑5 and major transportation routes.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime .25-acre parcel in Salem's North Gateway area.
Where is this commercial land located?
The property is located at 3000 Blk Portland Rd NE Salem, OR.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Located in Salem's North Gateway Rehabilitation & Urban Renewal area with potential grant funding up to $320,000.; Versatile IC zoning allows for a wide range of industrial and commercial uses.; Strategic location with easy access to I‑5 and major transportation routes.
