1940-2045 Hyacinth StSalem, OR 97301

Property Details for 1940-2045 Hyacinth St

Lot size

3.00 AC

Property type

Other commercial real estate

Property subtype

Other land

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.

Location Insight

City

Salem

County

Marion

State

Oregon

Latitude

44.9813

Longitude

-123.005

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