Residential Development Land in
For Sale
$275,000
Kenwood Avenue Northeast, Salem, OR 97301
2.31 AC development land for 7 residential lots.
Property Size2 SF
Lot Size2.31 Acres
Price / SF$137,500
Days on Market208
Property Features for Kenwood Avenue Northeast
General Information
Standard status
Active
Size
2 SF
Lot size
2.31 Acres
Property subtype
Land
Listing Agency:
CAPACITY COMMERICAL GROUP LLC
(503) 559-9397
Listed By:
George Grabenhorst · License #870500042
(503) 559-9397
Source:
Corfac
Added: Jan 26
Changed: Aug 8
Last Checked: Jul 16 at 2:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CAPACITY COMMERICAL GROUP LLC
Investment Insights
Based on property information with market context.
This 2.31-acre property is suitable for the development of 7 residential lots. Located on an old railroad grade, the property falls within Marion County, allowing for development through the county. Situated in Salem, Oregon, the surrounding area features a thriving business environment and various amenities. The location provides convenient access to downtown attractions such as the Oregon State Capitol, Riverfront Park, and Willamette University. The area's growing tech and manufacturing sector presents an investment opportunity for office and office building investors. The property is suitable for single-family residential or possible multi-family development. The site consists of flat lots with all services available.
Key Highlights
- Development potential: 2.31 AC of land suitable for 7 residential lots.
- Located in Marion County, offering development opportunities.
- All services are available on the property.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
Demographics for 97301, OR
56,393
Population
21,419
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
11.3 sq mi
ZIP Area
4,991
Density / Sq Mi
$57,497
Median Household Income
$33,220
Median Earnings
$1,197
Median Rent
$310,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 2.31 AC development land for 7 residential lots.
Where is this residential land & home lot located?
The property is located at Kenwood Avenue Northeast Salem, OR.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Development potential: 2.31 AC of land suitable for 7 residential lots.; Located in Marion County, offering development opportunities.; All services are available on the property.
