Search
Flexible Industrial Land Development Site
For Sale
$5,083,000

1800 Cordon Rd SE, Salem, OR 97317

Industrial land site under annexation with proposed flexible industrial zoning and access to major Salem-area highways.

Property SizeContact for details
Days on Market73

Property Features for 1800 Cordon Rd SE

General Information

Standard status Active
Property subtype Land

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Capacity Commercial Group
Listed By: Nicholas Diamond · License #OR #200403266
Source: Capacitycommercial
Added: Jun 24 Changed: Sep 4 Last Checked: Sep 4 at 3:50AM

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 Capacity Commercial Group

Investment Insights

Based on property information with market context.

This industrial land development site is being processed for annexation, with the seller having initiated the annexation process with the City of Salem under flexible industrial zoning. The listing also notes the possibility to annex as housing, and a conceptual apartment layout is available upon request.

The property is located along a proven industrial corridor adjacent to major distribution and retail users, including Amazon, Home Depot, Dollar General, and Winco distribution centers. Access is described to N Santiam Hwy and I-5 via Kuebler Blvd.

For buyers looking for development flexibility, the combination of active annexation and the availability of a conceptual apartment layout supports both industrial and potential housing pathways, subject to the annexation process.

Key Highlights

  • 5,083,000 sale price listed ($7 per developable SF)
  • Seller initiated annexation process with the City of Salem for flexible industrial zoning
  • Adjacent to distribution centers including Amazon, Home Depot, Dollar General, and Winco

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Spa & Massage Center Gym & Fitness Center

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

72
Businesses Nearby

Demographics for 97317, OR

25,852
Population
9,024
Households
2.9
Avg Household Size
38
Median Age
22%
College-Educated
86%
High-School Grad
55.2 sq mi
ZIP Area
468
Density / Sq Mi
$81,208
Median Household Income
$39,794
Median Earnings
$1,370
Median Rent
$382,500
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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?
Industrial land - Industrial land site under annexation with proposed flexible industrial zoning and access to major Salem-area highways.
Where is this industrial land located?
The property is located at 1800 Cordon Rd SE Salem, OR.
What is the asking price?
The asking price for this property is $5,083,000.
What are key features of this property?
This property features: 5,083,000 sale price listed ($7 per developable SF); Seller initiated annexation process with the City of Salem for flexible industrial zoning; Adjacent to distribution centers including Amazon, Home Depot, Dollar General, and Winco
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message