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Salem, OR Other Land for Sale

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Salem Land Development Opportunity
Updated: Nov 9, 2023
Salem Land Development Opportunity

1990 Wallace Rd NW, Salem, OR 97304

$5,000,000
12.36 AC lot
Development opportunity with multiple tax IDs included.
River Front property.**
Potential for multiple development uses on the west sides of parcels.
Paved access via parcel 354776 off Wallace Rd.
Existing barn on property.
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4.71 Acres of Residential Land For Sale
Updated: Jan 29, 2025
4.71 Acres of Residential Land For Sale

4560 Center Street Northeast, Salem, OR 97301

$3,500,000
205,168 sqft 4.71 AC lot
Zoned Salem - RA- Residential Agriculture
Prime location in the Salem area
Ideal for residential development
Ample space for land utilization
Potential for agricultural or residential use
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Salem Land Parcel For Sale
Salem Land Parcel For Sale

2170 Wallace Rd NW, Salem, OR

Contact for pricing
18.67 AC lot

Approximately 18 acres of land near apartment complexes in Salem.

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See hot listings in Salem

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Land For Sale
Land For Sale

477 Madrona Ave SE, Salem, OR 97302

Contact for pricing

Land available for purchase.

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Based on your search, we've compiled 53 Potential Opportunities for your consideration. Besides 4 Active listings in Salem, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 45 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

UT-20 Zoned Commercial Land
UT-20 Zoned Commercial Land

Lot 200 Golf Ln, Sublimity, OR 97385

$249,900

Bare land within Stayton’s UGB, offering a location for evaluation under applicable UT-20 zoning requirements.

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UT-20 Zoned Land
UT-20 Zoned Land

200 Golf Ln Lot, Sublimity, OR 97385

$249,900

Bare land within Stayton's UGB with UT-20 zoning.

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Land For Sale
Land For Sale

Lot 500 Lewis Cemetery Rd Se, Silverton, OR 97381

$375,000

Land available for sale in Silverton, Oregon.

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Silverton Land with Approved Building
Silverton Land with Approved Building

0 Powers Creek (North) Lp, Silverton, OR 97381

$430,000
28.25 AC lot

28.25 acres near Silverton with approved building site.

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Off-Market Properties in Salem, OR

Consider similar Off-Market properties in Salem, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

5695 Gaffin Rd
Distribution properties

5695 Gaffin Rd, Salem, OR 97317

Estimated value: by Request
5.00 AC lot
View details
Kuebler Blvd
Multifamily properties

0 Kuebler Blvd, Salem, OR 97306

Estimated value: by Request
24.64 AC lot
View details
1572 Lancaster Dr
Lifestyle centers

1572 Lancaster Dr, Salem, OR 97301

Estimated value: by Request
24,840 sqft 2.42 AC lot
View details

Salem, OR Other Land Market Trends and Statistics

Explore 49 other land for sale in Salem, OR, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 1,556,834 square feet of properties for sale, with an estimated market value of $8,500,000.

Sale prices for other land in Salem, OR start at $3,500,000, averaging $4,250,000, and reaching up to $5,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 50
Commercial land 41
Industrial land 20
Agricultural land / Farmland 13
Waterfront Land 7

Demographics Overview

Population 279K
Population Growth (5Y) +5.0%
Median Household Income $76,436
College Educated 19.3%

High-Yield Neighborhoods for Investment

Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
97301 $3.5M
97304 $5M

Taxes & Financing

Tax Rate (average for all types) 1.85%
Property Tax per SF $20.84 per SF
Tax Rate vs County Average 0.05 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marion County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Salem fall within the under-1-acre range.

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