Property profile

0 Salem Or Salem, OR 97317

OFF-MARKET
Retail properties & Spaces
75 ac lot
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Property summary

AI-generated overview

This exceptional 75-acre development opportunity in Salem, Oregon, presents a unique chance to build-to-suit in a prime industrial location. Zoned EMPLOYMENT CENTER (EC), this site offers flexibility for various commercial and industrial projects. The land is available in multiple parcels, ranging from approximately 13.68 to 45.92 acres, catering to diverse project scales. The property is ideally situated in Marion County, with convenient access to major transportation routes, making it an attractive location for businesses needing efficient logistics and distribution capabilities. The "shovel-ready" status of the land allows for immediate commencement of construction, minimizing project timelines and maximizing return on investment. This presents a rare opportunity to acquire a significant land parcel in a thriving Oregon market, suitable for large-scale industrial development with potential for buildings up to approximately 150,000 square feet. The multiple lot sizes allow for customization to meet specific business needs, making this an unparalleled opportunity for expansion or new construction. The property's location in Salem, OR, zip code 97317, offers access to a skilled workforce and a robust local economy. This is a truly exceptional opportunity for businesses seeking a strategic location for their operations.

Property profile

Verified
Property type Retail properties & Spaces
Lot 75 ac (3,267,000 SF)

Cap rate & NOI

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

Location

Salem Or Salem, OR 97317
Salem metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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