3741 Langley St Salem, OR 97317
- Commercial real estate
- 47.66 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3741 Langley St
- Lot size
- 47.66 lot acres
- Property type
- Commercial real estate
Description
This exceptional 47.66-acre industrial land parcel presents a rare development opportunity in Salem, Oregon. Located at 3741 Langley Street SE, in Marion County, zip code 97317 (44.876454, -122.985571), this site boasts a flat topography ideal for large-scale development. Its location within Salem's Urban Growth Boundary (UGB) and proximity to Interstate 5 provides unparalleled accessibility and visibility. The property is zoned for industrial use and is eligible for annexation, offering flexibility in development options. A buyer or annexing party can choose between "Industrial Park" and "General Industrial" designations, with the annexation process anticipated to take approximately six months. Permitted uses include warehouse and distribution, manufacturing, and laboratory/R&D facilities, among others. Years of prior agricultural use contribute to favorable development characteristics. Multiple access points enhance logistical efficiency. This is one of Salem's last remaining large industrial sites, making it a truly unique investment opportunity. The site benefits from nearby development projects that are improving the surrounding infrastructure. This property offers significant potential for an industrial campus, speculative development, or a corporate headquarters location.
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
- Marion
- State
- Oregon
- Longitude
- -122.985571
- Latitude
- 44.876454
