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    Salem Or Salem, OR 97317

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    For Lease
    Contact for pricing

    75 Acres, Multiple Lots, Industrial Land

    Lot size:
    2,000,275 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 75-acre development opportunity in Salem, Oregon, presents a unique chance to build-to-suit in a prime industrial location. Zoned EMPLOYMENT CENTER (EC), this site offers flexibility for various commercial and industrial projects. The land is available in multiple parcels, ranging from approximately 13.68 to 45.92 acres, catering to diverse project scales. The property is ideally situated in Marion County, with convenient access to major transportation routes, making it an attractive location for businesses needing efficient logistics and distribution capabilities. The "shovel-ready" status of the land allows for immediate commencement of construction, minimizing project timelines and maximizing return on investment. This presents a rare opportunity to acquire a significant land parcel in a thriving Oregon market, suitable for large-scale industrial development with potential for buildings up to approximately 150,000 square feet. The multiple lot sizes allow for customization to meet specific business needs, making this an unparalleled opportunity for expansion or new construction. The property's location in Salem, OR, zip code 97317, offers access to a skilled workforce and a robust local economy. This is a truly exceptional opportunity for businesses seeking a strategic location for their operations.

    Property Features for 0 Salem Or

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,000,275 SF

    Unit(s) available at that property

    Space
    202/174/174K
    Size
    1,404,374 SF
    Space
    Delivering Spring 2024
    Size
    595,901 SF

    HighLights

    • Zoned Employment Center (EC) for flexible use.
    • Employment Center zoning allows for flex space, manufacturing, warehousing, and office uses.
    • Spacious, master‑planned environment.
    • Up to 75 acres available; accommodates multiple building sizes up to 500,000 SF build‑to‑suit.
    • Shovel‑ready site with completed due diligence, including archaeological, environmental, master plan, stormwater management, transportation impact analysis, and wetlands mitigation.
    • Environmentally advantageous location with high‑capacity water, clean air, and low natural disaster risk.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -122.9747696
    Latitude
    44.8889815

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    FAQs

    What type of property is this?
    Land - 75 Acres, Multiple Lots, Industrial Land
    Where is this land located?
    The property is located at Salem Or Salem, OR.
    What are key features of this property?
    This property features: Zoned Employment Center (EC) for flexible use.; Employment Center zoning allows for flex space, manufacturing, warehousing, and office uses.; Spacious, master-planned environment.
    Request Owner's contact information
    Salem Or Salem, OR 97317
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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
    Salem Or Salem, OR 97317
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