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    FOR SALE
    Land

    3186 Orchard Heights Rd Salem, OR 97304

    126.7 ac lot
    Property ID
    US71-0629910
    3186 Orchard Heights Rd, Salem, OR 97304 For Sale 1 / 17
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    3186 Orchard Heights Rd, Salem, OR 97304
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    Property summary
    AI-generated overview

    This exceptional 126.7-acre property presents a rare opportunity for large-scale development within Salem city limits and the Urban Growth Boundary (UGB). Located at 3186 Orchard Heights Rd NW, Salem, OR 97304, this expansive land parcel boasts three distinct terraces, offering diverse development possibilities and stunning Cascade Mountain views. The property's zoning is a blend of Residential Agriculture (RA) and Mixed-Use II (MU-II), with approximately 62.4 acres zoned MU-II and 64.3 acres zoned RA, allowing for a flexible approach to project planning. This high-demand area features excellent demographics, making it ideal for a variety of uses, including multifamily, single-family residential, and commercial developments. The five tax lots (267993, 268002, 271488, 267906, 268130

    Property profile
    Verified
    Property type Land
    Lot 126.7 ac (5,519,052 SF)
    UPID US71-0629910
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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    Permitted uses
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