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    OFF-MARKET
    Land

    0 Huff Ave, Salem, OR 97303

    12.25 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 12.25-acre property in Salem, Oregon, offers a unique blend of commercial and agricultural opportunities. Located on Huff Ave NE with prime I-5 frontage, it boasts EFU (Exclusive Farm Use) zoning, allowing for diverse uses. The land includes a substantial income stream generated by a comprehensive fire suppression system, featuring four hydrants, a pond, a pump station, and a ground well, currently leased to surrounding businesses. This system provides reliable fire protection and consistent revenue. Access is via a gravel "L" shaped driveway off Huff Rd. The property's location offers excellent visibility and accessibility, making it attractive to investors and entrepreneurs seeking agricultural or commercial ventures. A ground well and pond provide a reliable water source. The buyer is responsible for conducting their own due diligence regarding property details and permitted uses. APN: 518667. Asking price: $1,000,000.

    Property profile
    Verified
    Property type Land
    Lot 12.25 ac (533,610 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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