Waterfront

Salem, OR Waterfront Land for Sale

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Keizer, OR Turner, OR Rickreall, OR Aumsville, OR Jefferson, OR Independence, OR Brooks, OR Silverton, OR
Waterfront Commercial Development Land
Updated: Jun 23
Waterfront Commercial Development Land

1750 Edgewater St NW, Salem, OR 97304

$8,000,000
53.10 AC lot
10 tax lots totaling 53.1 AC in Salem, Oregon
CG – Commercial General zoning, with multifamily allowed over retail
~2,400 linear feet of frontage along the Willamette River
Estimated 33 acres developable (to be verified with new cut/fill requirements)
2021 appraisal value of $13,240,000
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Waterfront Development Land Parcel
Updated: Jul 1
Waterfront Development Land Parcel

1990 Wallace Rd NW, Salem, OR 97304

$5,000,000
Sale includes Polk County tax IDs 314820, 314846, and 354776
Parcel 354776 has paved access off Wallace Rd
Property has two existing wells and an existing barn
Marine Drive would run from Harritt to Taybin Rd, with travel lanes, sidewalk, and a 12' multi‑use path on the east side
Marine Drive will split parcels 314820 and 314864
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Salem, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Waterfront Land Parcel
Waterfront Land Parcel

21381 S Hwy 99e, Canby, OR 97013

$249,000
0.78 AC lot

Waterfront land with four tax lots and river frontage, offering a flexible building footprint in Clackamas County.

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Riverfront Residential Land Lot
Riverfront Residential Land Lot

400 NW RIVERPARK Pl, Canby, OR 97013

$1,100,000
1.40 AC lot

1.4-acre riverfront lot with approved plans to subdivide into two tax lots via Measure 37.

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Riverfront Bare Land Parcel
Riverfront Bare Land Parcel

25497 Taylor Park Rd SE, Lyons, OR 97358

$130,000
0.47 AC lot

Nearly half-acre bare land parcel on the Little North Fork River with about 100 feet of frontage.

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Hazelnut Orchard with Irrigation Water Rights
Hazelnut Orchard with Irrigation Water Rights

46759 Lyons Mill City Dr, Lyons, OR 97358

$915,000
40.00 AC lot

Established 40-acre hazelnut farm with micro-sprinkler irrigation, water rights, and an approved building site.

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Salem, OR Waterfront Land Market Trends and Statistics

Explore 2 waterfront land for sale in Salem, OR on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $13,000,000.

Sale prices for water rights properties in Salem, OR start at $5,000,000, averaging $6,500,000, and reaching up to $8,000,000 — 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

Commercial land 35
Industrial land 17
Residential land & home lots 15
Agricultural land / Farmland 8
Waterfront Land 1

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
97306 $1.3M
97301 $2.7M

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Marion County

Residential Income

Property Size Breakdown

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

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