Current Use by Public Records
- Land
Property Details for 1940-2045 Hyacinth St
- Lot size
- 3.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional Salem, Oregon property offers 3 to 14.97 acres of commercially and industrially zoned land, ideally situated off Interstate 5. Currently, 11.1 acres are under a pending sale to an owner-user, leaving the remaining acreage available for purchase in its entirety or divided into smaller parcels, with a minimum of 5 acres possible. The seller, an established industrial developer, is offering build-to-suit options, development services, and improved land sales. The property boasts a favorable zoning designation (Industrial Commercial - City of Salem) permitting a wide range of uses, including but not limited to motor vehicle and manufactured dwelling/trailer sales, motor vehicle services, commercial parking, heavy vehicle and trailer storage/sales, self-service storage, contractor's yards, multifamily residential, retail, hospitality/temporary commercial lodging, manufacturing, and warehouse/distribution. A billboard with existing income potential is also included, offering additional revenue streams for a buyer or tenant. The seller will complete necessary utility and roadway improvements as required by the City of Salem, streamlining the development process. Comprehensive infrastructure plans are available to qualified buyers upon request. A full due diligence package is available for prospective purchasers. This is a rare opportunity to acquire prime industrial land in a high-growth area with excellent highway access.
Value Estimations
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AI approach
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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
- -123.005
- Latitude
- 44.9813
