Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning