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OR
Salem
97301
4560 Center Street Northeast

Property profile

4560 Center Street Northeast Salem, OR 97301

FOR SALE

Land

Property ID

US71-0747750

Entity Owned

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For Sale

$3,500,000

4560 Center Street Northeast, Salem, OR 97301

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Explore the potential of 4560 Center Street Northeast, Salem, OR, 97301. Zoned Salem-RA for Residential Agriculture, this property presents a unique investment opportunity in the thriving Salem area. With a prime location and versatile zoning, the possibilities for land or residential development are endless. Take advantage of this rare chance to shape the landscape of this sought-after area. Location Description Situated in the of Salem, Oregon, the surrounding area offers a wealth of opportunities for prospective land and residential investors. Known for its vibrant community and natural beauty, the location provides easy access to a variety of local points of interest. Nearby attractions include the Oregon State Capitol, Willamette University, and the scenic Riverfront Park, providing a blend of recreational and cultural experiences. With a strong and stable real estate market, the area is poised for growth, making it an attractive prospect for investors seeking to capitalize on the burgeoning opportunities in the Salem market.

Property type Land

UPID US71-0747750

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

4560 Center Street Northeast Salem, OR 97301

Salem metro

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Blend (final) Blend

$3.50M

since 2026

7 recorded transactions

2026

$1.9M

2026

Price N/A

2024

Price N/A

2023

Price N/A

2021

Price N/A

2020

$747,000

2019

Price N/A

Comparables

6 recent transactions · within 1.5 mi

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