4560 Center Street Northeast, Salem, OR 97301
This exceptional 4.71-acre property, located at 4560 Center Street Northeast, Salem, OR 97301, presents a unique investment opportunity. Zoned Salem-RA (Residential Agriculture), this expansive lot offers considerable flexibility for development. Its prime location within Salem provides easy access to a variety of amenities and attractions. Nearby points of interest include the Oregon State Capitol, Willamette University, and Riverfront Park, offering a blend of cultural and recreational opportunities. The surrounding area boasts a vibrant community and is known for its natural beauty. The property's ample size allows for substantial land utilization, making it ideal for residential development or agricultural pursuits. Given the strong and stable Salem real estate market, this versatile investment opportunity is poised for growth, presenting a compelling prospect for those seeking to capitalize on the burgeoning opportunities in this sought-after area. The property's zoning and location combine to create a rare chance to shape the landscape of this thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.