2920 Cherry Ave Salem, OR 97301
- Land
- 2.44 lot acres
Current Use by Public Records
- Land
Property Details for 2920 Cherry Ave
- Lot size
- 2.44 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 2.44-acre parcel of land presents a remarkable opportunity for industrial development in Salem, Oregon. Located at 2920 Cherry Ave NE, within Marion County, this property boasts a General Industrial (GI) zoning designation, opening the door to a wide array of potential uses. The expansive lot size provides ample space for construction of a new facility or expansion of existing operations. Its strategic location in Salem offers easy access to major transportation routes, ensuring seamless logistics and efficient distribution networks. The property's address is 2920 Cherry Ave NE, Salem, OR 97301, with GPS coordinates of 44.9693194 latitude and -123.019206 longitude. This is a rare opportunity to acquire a sizable industrial land parcel in a thriving Oregon market. The General Industrial zoning allows for a variety of industrial uses, making it suitable for businesses seeking to establish or expand their operations in a well-connected and accessible location. Serious inquiries are encouraged to explore the potential of this valuable asset and its suitability for various industrial projects. The property is currently available for sale and offers significant potential for future growth and profitability. This is an excellent investment opportunity for those seeking to capitalize on the robust industrial sector in Salem, Oregon. The 2.44 acres provide a substantial footprint for development, allowing for flexibility in design and construction plans.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -123.019
- Latitude
- 44.9693
