423 Lancaster Drive Southeast Salem, OR 97317

423 Lancaster Drive Southeast, Salem, OR, 97317

$499,900

For Sale

$499,900

Corner lot zoned for general commercial use with development potential.

Property Size94,960 SF

Lot Size2.18 Acres

Price / SF$5.26

Days on Market555

Property Features for 423 Lancaster Drive Southeast

General Information

Standard status: Active
Size: 94,960 SF
Lot size: 2.18 Acres
Property subtype: Land / Mixed Use

Listing Agency Rich Realty

Listed by Ricky Thien · License #200404369

Source Compass

Added: Jan 8, 2025 Checked: Jul 17 at 5:46 am

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 Rich Realty

Investment Insights

Based on property information with market context.

This corner lot is zoned CG (General Commercial), accommodating a variety of uses. The location benefits from high vehicle traffic due to the presence of a theater and is situated within a high-density retail corridor. Direct access is available from Lancaster Drive SE. The parcel presents a strong development opportunity.

Key Highlights

Corner lot location
Zoned CG (General Commercial) allowing for a variety of uses
High vehicle traffic due to theater

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

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