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    Kuebler Blvd Salem, OR 97306

    For Sale
    Contact for pricing

    24.64 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 24.64-acre development site in Salem, Oregon, presents a unique opportunity for mixed-use development. Strategically located on Kuebler Boulevard in Marion County, zip code 97306, the property boasts unparalleled visibility and accessibility, directly adjacent to Interstate 5, a major thoroughfare with over 70,000 vehicles passing daily. The site's prime location is further enhanced by its proximity to a thriving mixed-use shopping center, a brand-new Costco, and the Kuebler Gateway Shopping Center, providing a strong foundation for future development success. The expansive acreage is divisible, offering flexibility for build-to-suit projects, ground leases, or joint ventures. Planned development envisions a diverse mix of uses, including drive-thru options, retail spaces, apartments, office buildings, and even a hotel. Salem, Oregon's second-largest city, is experiencing continued growth, making this a highly attractive investment opportunity for developers seeking a high-traffic, well-located site with significant potential for long-term returns. The property's location near major employers and retailers ensures a robust customer base and a strong potential for tenant occupancy. This is a rare chance to acquire a substantial development parcel in a dynamic and expanding market. The site's size and location make it ideal for a variety of development scenarios, catering to diverse needs and investment strategies.

    Property Features for 0 Kuebler Blvd

    General Information

    Property type
    Multifamily properties
    Lot Size
    1,073,318 SF

    HighLights

    • 24.64‑acre development site in Salem, Oregon, with I‑5 visibility and daily traffic exceeding 70,000 vehicles.
    • Divisible site suitable for build‑to‑suit, ground lease, or joint venture opportunities.
    • Mixed‑use development potential including retail, multifamily, hotel, office, medical, and pad sites.
    • Excellent location near major employers, retailers, Costco, and Kuebler Gateway Shopping Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -122.99969653497
    Latitude
    44.885285565174

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    FAQs

    What type of property is this?
    Multifamily property - 24.64 Acres, High-Traffic Location
    Where is this multifamily property located?
    The property is located at Kuebler Blvd Salem, OR.
    What are key features of this property?
    This property features: 24.64-acre development site in Salem, Oregon, with I-5 visibility and daily traffic exceeding 70,000 vehicles.; Divisible site suitable for build-to-suit, ground lease, or joint venture opportunities.; Mixed-use development potential including retail, multifamily, hotel, office, medical, and pad sites.
    (503) 222-2655
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    Kuebler Blvd Salem, OR 97306
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Kuebler Blvd Salem, OR 97306
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