36Th Ave Salem, OR 97317
- Land
- 21.19 lot acres
Current Use by Public Records
- Land
Property Details for 0 36Th Ave
- Lot size
- 21.19 lot acres
- Property type
- Land
Description
Exceptional opportunity to acquire 21.19 acres of industrial land in Salem, Oregon. This property, located at the intersection of Kuebler Blvd SE and 36th Ave SE (APN 529471 & 529472), offers significant potential for development. The land is comprised of two parcels: a 10.94-acre north parcel (City of Salem limits, IC - Industrial Commercial zoning) and a 10.25-acre south parcel (unincorporated Marion County, IG - Industrial General zoning). Both parcels currently benefit from forest deferral, offering tax advantages. The asking price is $5,307,459, translating to a land value of $5.75 per square foot. The property boasts a flat topography and enjoys excellent visibility from Kuebler Blvd SE. Its strategic location provides convenient access to Interstate 5, placing it within minutes of major transportation arteries. The surrounding area is experiencing significant growth, with numerous new and planned developments, further enhancing the property's value and potential. This is a rare opportunity for developers and investors seeking a substantial land holding in a thriving industrial sector. The property's zoning allows for a wide range of industrial uses, making it an attractive investment for various projects. This prime location and favorable zoning make this a highly desirable property for immediate development or future investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -122.899
- Latitude
- 44.9018
