Listing Agency: Mosar Commercial Properties m***@mosarcommercial.com Show Phone

Listed By: Mike Mosar · License #OR

Source: Crexi

Added: Aug 25, 2021 Changed: Aug 23 Last Checked: Aug 30 at 6:28PM

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Investment Insights

Based on property information with market context.

This offering presents an opportunity to acquire 21.19 acres of industrial zoned land in South Salem. The property has exposure on Kuebler Blvd SE. The land consists of two parcels that can be purchased together or separately. The north parcel, situated within the City of Salem limits, spans 10.94 acres and is zoned IC - Industrial Commercial. The south parcel, located within unincorporated Marion County limits, comprises 10.25 acres and is zoned County IG - Industrial General. Both parcels are currently under forest deferral. The property is located minutes from I-5 and is surrounded by new and proposed developments.

Key Highlights

• 21.19 acres of industrial zoned land in South Salem
• Excellent exposure on Kuebler Blvd SE
• Two parcels can be purchased together or separately

Property Analytics

Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

965

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

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?

Industrial land - 21.19 acres of industrial land with development potential.

Where is this industrial land located?

The property is located at Kuebler Blvd SE & 36th Ave SE Salem, OR.

What is the asking price?

The asking price for this property is $5,307,459.

What are key features of this property?

This property features: 21.19 acres of industrial zoned land in South Salem; Excellent exposure on Kuebler Blvd SE; Two parcels can be purchased together or separately