Building Details

Year Built 1992

Buildings 5

Stories 1

Listing Agency: Hancock Real Estate t***@hancockcre.com Show Phone

Listed By: Terry Hancock · License #OR 200110013

Source: Crexi

Added: Jul 12, 2022 Changed: Aug 8 Last Checked: Jul 16 at 4:07AM

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Investment Insights

Based on property information with market context.

This agriculture-zoned property, previously used for hay processing, is available for sale. The property is located just outside the Urban Growth Boundary and the City of Salem limits. It is positioned just north of Mill Creek Corporate Center, which includes FedEx, Amazon, Home Depot, and Lineage distribution centers. The property has a size of 87074 square feet.

Property Analytics

Property Profile

Current Use

Hay Kingdom Feed Store

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Spa & Massage Center Nail Salon Furniture & Home Goods

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

59

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Agricultural property - Agriculture-zoned property near Salem's urban growth boundary.

Where is this agricultural property located?

The property is located at 5355 Gaffin Rd SE Salem, OR.

What is the asking price?

The asking price for this property is $2,850,000.