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Agricultural Land Near Rail
New
For Sale
$889,000

River Rd N lot 1, Salem, OR 97303

LAND - Salem, OR

Property SizeContact for details
Lot Size9.88 Acres
Days on Market7

Property Features for River Rd N lot 1

General Information

Property type Land
Property subtype Other
Zoning EFU
Lot features Irregular, Lot: 1
Elementary school Gervais
Middle school Gervais
High school Gervais
Directions From I-5, take Brooklake Rd West to River Rd South to the property.
Standard status Active
APN 519928 & 519929
Lot size 9.88 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 182
Listing Agency: HOMESMART REALTY GROUP · HomeSmart International
Listed By: COURTNEY CHANDLER
Added: Aug 11 Changed: Aug 13 Last Checked: Aug 17 at 9:06AM
MLS# 844502

Copyright © 2026 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 9.88-acre agricultural land holding is zoned EFU and comprises two separate tax lots. The property is positioned for agricultural land use, with access to I-5 via River Rd.

Southern Pacific Railroad borders the property, creating a documented rail-adjacent characteristic. A future rail spur has been identified as a possibility, subject to buyer verification and due diligence regarding approvals and permitted uses.

Key Highlights

  • 9.88 acres of agricultural land
  • EFU zoning
  • Two separate tax lots

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

1,281
Businesses Nearby

Demographics for 97303, OR

41,441
Population
15,740
Households
2.6
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
24.9 sq mi
ZIP Area
1,664
Density / Sq Mi
$81,057
Median Household Income
$45,034
Median Earnings
$1,361
Median Rent
$396,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - EFU-zoned acreage with I-5 access via River Rd.
Where is this agricultural land / farmland located?
The property is located at River Rd N lot 1 Salem, OR.
What is the asking price?
The asking price for this property is $889,000.
What are key features of this property?
This property features: 9.88 acres of agricultural land; EFU zoning; Two separate tax lots
More about this property
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