102 Turner Rd Salem, OR 97302
This exceptional 6.27-acre commercial and industrial development site in Salem, Oregon, presents a compelling investment opportunity. Located at Lot 102 Turner Rd SE, 97302, this property boasts a highly desirable location, situated just one mile from Interstate 5 and a half-mile from the Mill Creek Corporate Center. The site benefits from its placement within Salem's Enterprise Zone and is zoned IC, permitting a wide range of uses including warehousing, wholesale commercial sales, and various services. Engineered to be outside the floodplain using engineered fill, this parcel offers significant development advantages. Its strategic position at the signaled intersection of Kuebler Blvd and Turner Rd SE provides exceptional visibility and high traffic volume, with 18,250 vehicles passing daily. Convenient access to public transportation is also available via Cherriots Route 30X. The asking price for this ready-to-develop land is $3,825,000. This property represents a rare chance to acquire a well-situated, large-scale development site in a thriving Oregon market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.