0 Kuebler Blvd, Salem, OR 97306
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.