Property profile

0 Boone Rd Salem, OR 97317

OFF-MARKET
Land
4.61 ac lot
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Property summary

AI-generated overview

This exceptional 4.61-acre industrial land parcel presents a unique investment opportunity in Salem, Oregon. Strategically located just off Interstate 5 and within two miles of the Mill Creek Corporate Center, this property offers unparalleled accessibility and visibility. Zoned IG, the site boasts numerous permitted and conditional uses, providing flexibility for a wide range of industrial and commercial developments. The expansive lot size allows for substantial building potential, catering to businesses requiring significant space for operations, storage, or manufacturing. The convenient location ensures easy access to major transportation routes, streamlining logistics and distribution. Detailed zoning information is available upon request, outlining the specific permitted uses and development guidelines for this highly desirable property. This is an exceptional opportunity to secure a prime location for your business in a thriving industrial area. The property's size and zoning make it suitable for a variety of industrial and commercial ventures, offering significant potential for growth and return on investment. Don't miss this chance to acquire a strategically located industrial land parcel in a rapidly developing area of Salem, Oregon. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Land
Lot 4.61 ac (200,812 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Boone Rd Salem, OR 97317
Salem metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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