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165+ Acre Development Opportunity
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5250 Eastland Avenue Southeast, Salem, OR 97317

165.74-acre parcel suitable for industrial and commercial development.

Property SizeContact for details
Lot Size165.74 Acres
Days on Market170

Property Features for 5250 Eastland Avenue Southeast

General Information

Standard status Active
Lot size 165.74 Acres
Property subtype Land
Zoning Industrial Commercial (IC)
Listing Agency: Tradition Real Estate Partners
Listed By: AJ Nash · License #OR 201208908
Source: Crexi
Added: Feb 23 Changed: Aug 8 Last Checked: Aug 11 at 6:18PM

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 Tradition Real Estate Partners

Investment Insights

Based on property information with market context.

This 165.74-acre parcel, situated between Turner and Salem, presents a development opportunity within Salem’s city limits. As part of a larger 390-acre site, the mostly level land is zoned for Industrial Commercial use. Completed surveys, rezoning, floodplain analysis, and a fill plan are in place to facilitate immediate development. The zoning permits a mix of light industrial, commercial, office, warehouse, storage, and related uses to support employment and business activities.

Key Highlights

  • 165.74‑acre parcel within Salem's city limits.
  • Industrial Commercial zoning allows for diverse development.
  • Ready for immediate development with completed surveys and rezoning.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Carpet & Flooring Store Electrical Service Cafe & Coffee Shop Computer & Electronic Repair

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

57
Businesses Nearby

Demographics for 97317, OR

25,852
Population
9,024
Households
2.9
Avg Household Size
38
Median Age
22%
College-Educated
86%
High-School Grad
55.2 sq mi
ZIP Area
468
Density / Sq Mi
$81,208
Median Household Income
$39,794
Median Earnings
$1,370
Median Rent
$382,500
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 165.74-acre parcel suitable for industrial and commercial development.
Where is this commercial land located?
The property is located at 5250 Eastland Avenue Southeast Salem, OR.
What is the asking price?
The asking price for this property is $4,350,000.
What are key features of this property?
This property features: 165.74‑acre parcel within Salem's city limits.; Industrial Commercial zoning allows for diverse development.; Ready for immediate development with completed surveys and rezoning.
(503) 939-7099 Call to check price and availability
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