Trust Owned Property summary
This exceptional 24-acre property presents a remarkable opportunity for residential development in desirable South Salem, Oregon. Located at 4540 Pringle Rd SE, Salem, OR 97302, this land boasts a prime location with access to city infrastructure including water, sewer, and electric services. Currently zoned RA (Residential Agriculture), the property allows for the development of single-family detached dwellings, including manufactured homes (subject to approval), townhome developments (up to… 3 units per platted lot, potentially attached), and senior facilities (conditionally). A conceptual plan outlines the potential for 127 lots, showcasing the significant development potential. The minimum lot size for single-family homes is 4,000 square feet. This family-owned property, spanning approximately 24 acres (from a total of 29.68 acres, with the seller retaining roughly 5.5 acres), offers a compelling investment opportunity. The property's value is further enhanced by a strong local market, with median home sale prices exceeding $420,000 within a 1.5-mile radius for homes built in 2017 or later on lots ranging from 3,000 to 7,000 square feet. The asking price is $4,260,000, translating to $177,500 per acre. This represents a unique chance to acquire a substantial parcel of land with significant upside potential in a thriving community. The property is situated in Marion County. A Planned Unit Development may also be feasible.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,980 SF
- Lot area
- 29.26 ac
- Year built
- 1976
- APN
- 083W11BC03000
- Zoning
- RA; RS
- Assessed value · 2023
- $963,560
- Annual tax · 2023
- $18,912
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
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