Property profile

0 Kuebler Blvd Salem, OR 97306

OFF-MARKET
Retail properties & Spaces
24.64 ac lot
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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

Location

Kuebler Blvd Salem, OR 97306
Salem metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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