Prime Residential Land in South
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4540 Pringle Road SE, Salem, OR 97302
24 acres of residential-zoned land with approved plat plan.
Property Size30 SF
Lot Size24.00 Acres
Days on Market140
Property Features for 4540 Pringle Road SE
General Information
Standard status
Active
Size
30 SF
Lot size
24.00 Acres
Property subtype
Land
Listing Agency:
CBRE - Portland
(503) 200-9216
Listed By:
Graham Taylor · License #01429996
(503) 200-9216
Source:
Cbre
Added: Mar 25
Changed: Aug 8
Last Checked: Jul 16 at 4:41AM
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 CBRE - Portland
Investment Insights
Based on property information with market context.
This property offers approximately 24 acres of prime residential-zoned land in South Salem, Oregon. It features an approved two-phase plat plan for 125 single-family lots, each with a minimum lot size of 4,000 square feet. Preliminary plats are expected by Q2 2026, with finished lots anticipated by Q3 2027. The location, situated between Commercial St. SE and Battle Creek Rd. SE, provides connectivity to the new I-5 interchange via Kuebler Blvd. The parcel is surrounded by established neighborhoods and is near schools including Leslie Middle School, Judson Middle School, Morningside Elementary, and Pringle Elementary. Residents will have access to retail and service providers such as Trader Joe’s, Fred Meyer, Costco, Walgreens, MOD Pizza, and Dutch Bros. The property is located near Pringle Creek, Hilfiker Park, Morningside City Park, and Woodmansee Park. Recent new home sales in South Salem have closed between $600,000 and $900,000, indicating potential for residential development.
Key Highlights
- Approved plat plan for 125 single‑family lots.
- Prime residential‑zoned land in South Salem, Oregon.
- Quick connectivity to I‑5 via Kuebler Blvd.
Property Analytics
Property Profile
Current Use
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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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 24 acres of residential-zoned land with approved plat plan.
Where is this residential land & home lot located?
The property is located at 4540 Pringle Road SE Salem, OR.
What are key features of this property?
This property features: Approved plat plan for 125 single‑family lots.; Prime residential‑zoned land in South Salem, Oregon.; Quick connectivity to I‑5 via Kuebler Blvd.
