Corner Commercial Land Near Signalized
For Sale
Contact for pricing
1778 Madras St SE, Salem, OR 97306
The site includes a west-side access easement and green space along the road edge.
Property Size1 SF
Lot Size1.21 Acres
Price / SF$1,074,000
Days on Market21
Property Features for 1778 Madras St SE
General Information
Standard status
Active
Size
1 SF
Lot size
1.21 Acres
Property subtype
LAND
Listing Agency:
Coldwell Banker Commercial - Mountain West | Salem
(503) 587-4777
Listed By:
Alex Rhoten · License #841000042
Source:
Moodyscre
Added: Jul 31
Changed: Aug 11
Last Checked: Aug 20 at 11:28AM
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 Coldwell Banker Commercial - Mountain West | Salem
Investment Insights
Based on property information with market context.
This commercial land parcel encompasses 1.21 gross acres at the corner of Madras St SE and Commercial St SE. The site has a southwest slope and includes fill from the adjacent property; any use or removal of that material requires buyer due diligence.
Access is provided by a 30-foot-wide easement along the west property line, measuring approximately 8,218 +/- SF. Green space lies between the road and property line, approximately 12 feet wide and 2,650 +/- SF. Estimated net usable area is 41,839.23 SF. The property is near a signalized intersection, with final site conditions and use subject to independent verification.
Access is provided by a 30-foot-wide easement along the west property line, measuring approximately 8,218 +/- SF. Green space lies between the road and property line, approximately 12 feet wide and 2,650 +/- SF. Estimated net usable area is 41,839.23 SF. The property is near a signalized intersection, with final site conditions and use subject to independent verification.
Key Highlights
- 1.21 gross acres at the corner of Madras St SE and Commercial St SE
- Near a signalized intersection
- 30 Ft wide access easement along the west side of the property line
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
Explore this area
Business Placement
Demographics for 97306, OR
34,715
Population
14,151
Households
2.5
Avg Household Size
38
Median Age
42%
College-Educated
95%
High-School Grad
32.4 sq mi
ZIP Area
1,071
Density / Sq Mi
$89,773
Median Household Income
$50,931
Median Earnings
$1,455
Median Rent
$438,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - The site includes a west-side access easement and green space along the road edge.
Where is this commercial land located?
The property is located at 1778 Madras St SE Salem, OR.
What is the asking price?
The asking price for this property is $1,074,000.
What are key features of this property?
This property features: 1.21 gross acres at the corner of Madras St SE and Commercial St SE; Near a signalized intersection; 30 Ft wide access easement along the west side of the property line
