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    Property profile & analytics

    4560 Center Street Northeast Salem, OR 97301

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 4560 Center Street Northeast

    Property type
    Land
    Property subtype
    Residential land & home lots

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    State
    Oregon

    Comparable in this City

    • $1,100,000

      Salem Commercial Land - High Visibility

      Prime Salem location, 36,590 sq ft commercial pad.
      1302 Lancaster Dr, Salem, OR 97301
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    • Contact for pricing
      3.00 Acres

      Salem Industrial Land Opportunity

      Prime Salem acreage, I-5 access
      1940-2045 Hyacinth St, Salem, OR 97301
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    • $275,000
      2 SF

      Residential Development Land in Salem

      2.31 AC development land for 7 residential lots.
      Kenwood Ave Northeast, Salem, OR 97301
      View Details
    • Contact for pricing

      Salem Land I-5 Access

      Land for sale with development approvals and favorable zoning.
      Salem, OR 97301
      View Details
    • $365,000
      53 SF

      Prime Land Near I5

      Land near I5 with urban renewal incentives.
      3005 Portland Rd NE, Salem, OR 97301
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    • $11,999,000

      Prime Land Along Willamette River

      13.27 acres of pristine land near downtown Salem.
      1105 Front St NE, Salem, OR 97301
      View Details

    Similar Nearby for Sale

    • $1,100,000

      Salem Commercial Land - High Visibility

      Prime Salem location, 36,590 sq ft commercial pad.
      1302 Lancaster Dr, Salem, OR 97301
      View Details
    • Contact for pricing
      3.00 Acres

      Salem Industrial Land Opportunity

      Prime Salem acreage, I-5 access
      1940-2045 Hyacinth St, Salem, OR 97301
      View Details
    • $275,000
      2 SF

      Residential Development Land in Salem

      2.31 AC development land for 7 residential lots.
      Kenwood Ave Northeast, Salem, OR 97301
      View Details
    • $11,999,000

      Prime Land Along Willamette River

      13.27 acres of pristine land near downtown Salem.
      1105 Front St NE, Salem, OR 97301
      View Details
    • $1,395,000

      Commercial Land For Sale

      Commercial land available for purchase.
      3305 Portland Rd NE, Salem, OR 97301
      View Details
    • $125,000

      Salem Investment Opportunity on Portland

      Prime .25-acre parcel in Salem's North Gateway area.
      3000 Blk Portland Rd NE, Salem, OR 97301
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      36,462 SF

      Salem Industrial Warehouse

      Prime Salem warehouse, ample yard space.
      1505 Front St, Salem, OR 97301
      View Details
    • $9 SF/Yr
      10,454 SF

      Downtown Salem Retail Opportunity

      Eclectic mixed-use building, 30 spaces available
      155 Liberty St, Salem, OR 97301
      View Details
    • $18 SF/Yr
      4,000 SF

      Salem Retail Space: Heritage Plaza

      Prime Salem retail space, high visibility.
      1245 Columbia St, Salem, OR 97301
      View Details
    • $20 SF/Yr
      21,110 SF

      Salem Retail Center Investment Opportunity

      Upscale Salem retail spaces available now.
      480-498 Lancaster Dr, Salem, OR 97301
      View Details
    • Contact for pricing
      1 SF

      Salem Industrial Land Opportunity

      Large industrial lot, ideal for various uses.
      1940-2045 Hyacinth St, Salem, OR 97301
      View Details
    • $14 SF/Yr
      13,947 SF

      Salem Office Space Available

      Riverfront Office Suites, Ample Parking
      2111 Front St, Salem, OR 97301
      View Details
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    4560 Center Street Northeast
    Salem, OR 97301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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