Listing Agency: Capacity Commercial Group n***@capacitycommercial.com Show Phone

Listed By: Nicholas Diamond · License #OR 200403266

Source: Crexi

Added: Sep 10, 2019 Changed: Aug 8 Last Checked: Aug 8 at 4:23AM

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Investment Insights

Based on property information with market context.

This property features approximately 24 acres of residential development land in Salem, Oregon. The site is suitable for single-family homes, a senior facility, manufactured homes, and other potential uses. The total area is 29.68 acres, less approximately 5.5 acres retained by ownership.

Key Highlights

• 24 Acres of Residential Development Land
• Multiple Development Options: Single‑family, Senior Facility, Manufactured Home & More Possible
• Located in Salem, OR

Property Analytics

Property Profile

Current Use

Glass Barn Garden Center

Suggested Use

Top Pick Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop HVAC Service

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

607

Businesses Nearby

Explore this area Business Placement

Demographics for 97302, OR

39,776

Population

17,888

Households

2.2

Avg Household Size

41

Median Age

43%

College-Educated

95%

High-School Grad

23.5 sq mi

ZIP Area

1,693

Density / Sq Mi

$83,697

Median Household Income

$44,623

Median Earnings

$1,230

Median Rent

$415,200

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - 24 acres of residential development land in Salem, Oregon.

Where is this residential land & home lot located?

The property is located at 4540 Pringle Rd SE Salem, OR.

What is the asking price?

The asking price for this property is $4,260,000.

What are key features of this property?

This property features: 24 Acres of Residential Development Land; Multiple Development Options: Single‑family, Senior Facility, Manufactured Home & More Possible; Located in Salem, OR