Search
Commercial Land with Existing Home
New
For Sale
$1,225,000

4470 NE Old Salem Rd, Albany, OR 97321

General Commercial zoning supports a range of commercial uses, and the on-site residence may be converted to office space.

Property Size188,179 SF
Price / SF$6.51
Days on Market2

Property Features for 4470 NE Old Salem Rd

General Information

Standard status Active
Size 188,179 SF
Property subtype Land
Listing Agency: Homesmart Realty Group - Monmouth
Listed By: Matin Real Estate
Source: Portlandrealestate
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 10 at 2:37AM

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 Homesmart Realty Group - Monmouth

Investment Insights

Based on property information with market context.

This 4.32-acre commercial land property is zoned General Commercial. An existing home on the site could be converted to office space. The residence currently uses well water and a septic system, while city services are available at the property line.

The property is near an intermodal transportation facility and the Ball plant. General Commercial zoning allows uses that include professional offices and clinics, retail sales and services, eating establishments, and motels or hotels. Due diligence is the buyer’s responsibility with the City of Millersburg.

Key Highlights

  • 4.32 acres zoned General Commercial
  • Existing home may be converted to office space
  • City services at the property line; home has well and septic

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Auto Parts Store HVAC Service Building Supply Garden Center Plumbing Service (Bike/Boat/Book/etc) Store

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

65
Businesses Nearby

Demographics for 97321, OR

30,291
Population
11,790
Households
2.6
Avg Household Size
41
Median Age
38%
College-Educated
96%
High-School Grad
69.1 sq mi
ZIP Area
438
Density / Sq Mi
$95,687
Median Household Income
$45,963
Median Earnings
$1,264
Median Rent
$442,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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?
Commercial land - General Commercial zoning supports a range of commercial uses, and the on-site residence may be converted to office space.
Where is this commercial land located?
The property is located at 4470 NE Old Salem Rd Albany, OR.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: 4.32 acres zoned General Commercial; Existing home may be converted to office space; City services at the property line; home has well and septic
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
Why this one?
Saved
Reason not saved — we won't ask again