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    OFF-MARKET
    Retail properties & Spaces

    0 Kuebler Blvd, Salem, OR 97306

    24.64 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 24.64-acre development site in Salem, Oregon, presents a unique opportunity for mixed-use development. Strategically located on Kuebler Boulevard in Marion County, zip code 97306, the property boasts unparalleled visibility and accessibility, directly adjacent to Interstate 5, a major thoroughfare with over 70,000 vehicles passing daily. The site's prime location is further enhanced by its proximity to a thriving mixed-use shopping center, a brand-new Costco, and the Kuebler Gateway Shopping Center, providing a strong foundation for future development success. The expansive acreage is divisible, offering flexibility for build-to-suit projects, ground leases, or joint ventures. Planned development envisions a diverse mix of uses, including drive-thru options, retail spaces, apartments, office buildings, and even a hotel. Salem, Oregon's second-largest city, is experiencing continued growth, making this a highly attractive investment opportunity for developers seeking a high-traffic, well-located site with significant potential for long-term returns. The property's location near major employers and retailers ensures a robust customer base and a strong potential for tenant occupancy. This is a rare chance to acquire a substantial development parcel in a dynamic and expanding market. The site's size and location make it ideal for a variety of development scenarios, catering to diverse needs and investment strategies.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 24.64 ac (1,073,318 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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