1684 Doaks Ferry Rd Salem, OR 97304
- Commercial real estate
- 11.82 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1684 Doaks Ferry Rd
- Lot size
- 11.82 lot acres
- Property type
- Commercial real estate
Description
This exceptional 11.82-acre property in Salem, Oregon, presents a compelling investment opportunity. Located at 1684 Doaks Ferry Rd NW, this land boasts high visibility on Doaks Ferry Road and is conveniently situated near major retailers including Roth's Fresh Markets, Walgreens, Starbucks, and Safeway, as well as the West Salem Clinic. The property is zoned RA and offers breathtaking mountain and city views, situated across from West Salem High School. Access to Salem and West Salem is effortless via Orchard Heights Road or Highway 22 via Doaks Ferry Road. The property comprises three parcels (APN #s: 569347, 314916, and 270650) and includes a currently proposed site plan encompassing approximately 4.65 acres with 29 approved lots, an additional approximately 4.09 acres requiring site plan approval, and approximately 0.95 acres designated for retention ponds. The recent passage of House Bill 2001 (Housing Choices) opens possibilities for duplexes and triplexes on the approved lots, subject to individual lot square footage. The remaining 4.09 acres could be subdivided into additional parcels or retained as a single parcel, potentially rezoned to a higher-density RM code. The seller's total acreage may differ from the county assessor's records. Buyers are responsible for conducting their own due diligence regarding zoning, site plans, and potential development options. This property is offered at $4,950,000. The information provided is subject to change.
Value Estimation
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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
- Polk
- State
- Oregon
- Longitude
- -123.0795966
- Latitude
- 44.9586704
