Listing Agency: Havenrose Real Estate Show Phone

Listed By: Allie Saunders Show Phone

Source: Braddavisproperties

Added: Jul 26 Changed: Oct 15 Last Checked: Oct 20 at 8:02PM

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Investment Insights

Based on property information with market context.

This commercial land parcel is zoned MUIII for high-density mixed-use development. The site is densely covered with fir trees, which may provide timber value in addition to its development characteristics.

The property is situated near I-5, bus lines, schools, shopping, and residential areas in Salem, Oregon. Its surrounding context includes established services, transit access, and nearby housing.

Key Highlights

• MUIII zoning supports high‑density mixed‑use development
• Located near I‑5 and bus lines
• Close to schools, shopping, and residential areas

Property Analytics

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Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Accounting Firm Catering Service Garden 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.

Location Intelligence

Trade Area within ½ mile

493

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

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Frequently Asked Questions

What type of property is this?

Commercial land - MUIII-zoned land near I-5, transit, schools, shopping, and established residential areas.

Where is this commercial land located?

The property is located at 2557 Hummingbird ST NE Salem, OR.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: MUIII zoning supports high‑density mixed‑use development; Located near I‑5 and bus lines; Close to schools, shopping, and residential areas