3271 Lancaster Dr NE, Salem, OR 97305

This exceptional 0.64-acre commercial land parcel presents a unique development opportunity in Salem, Oregon. Located at 3271 Lancaster Dr NE, this property boasts high visibility and significant traffic counts due to its strategic placement next to established businesses like Dairy Queen and Howard Commons Apartments. The CR zoning permits a variety of commercial and retail developments, making it ideal for entrepreneurs and investors seeking a prime location. The property includes a billboard with an existing lease, providing immediate potential rental income. Prospective buyers are responsible for conducting thorough due diligence with the City of Salem and Marion County to confirm development feasibility and access requirements. This is one of the last remaining developable lots on Lancaster Drive, representing a rare chance to secure a highly desirable location for a new commercial venture. The asking price is $750,000, and the Assessor's Parcel Number (APN) is 559274. This property is situated in Marion County, Oregon, with a zip code of 97305. The coordinates are 44.9670345 latitude and -122.9838533 longitude.