0 Hwy 22 & Kuebler Blvd, Salem, OR 97317
This exceptional commercial land opportunity, known as Mill Creek Corporate Center, presents 7.78 to 35.12 acres of developable land in Salem, Oregon. Located at the intersection of Hwy 22 and Kuebler Blvd, this property boasts unparalleled access to Interstate 5, a major transportation artery. The site is zoned EC, offering flexibility for a variety of commercial developments. The property's strategic location within Salem, Oregon's capital city and second-largest metropolitan statistical area (MSA), provides access to a substantial workforce. Salem's MSA encompasses approximately 170,000 residents, and the property benefits from a large commute shed including one million workers. This presents a unique opportunity to capitalize on the growing demand for commercial space in the Salem area, particularly as the Portland market experiences increased competition. The surrounding Marion County neighborhoods are known for their skilled and educated workforce, further enhancing the property's appeal for businesses seeking a strategic location for growth. The expansive acreage allows for flexible configurations, catering to a wide range of development plans. This is a rare opportunity to acquire a significant parcel of commercial land in a thriving Oregon market.
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
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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.