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    OFF-MARKET
    Commercial real estate

    4665 Croisan Creek Rd, Salem, OR 97302

    1.83 ac lot
    Property ID
    US71-0939644
    Property summary
    AI-generated overview

    This exceptional 1.83-acre property, located at 4665 Croisan Creek Rd S in Salem, Oregon (zip code 97302), presents a unique opportunity to build your dream home. Situated just south of Salem's city limits, this land offers a tranquil, treed setting near Sprague High School and a wealth of amenities. Enjoy convenient access to shopping centers featuring Roth's, Winco, Trader Joe's, Walmart, and Costco, as well as the recreational opportunities of Minto-Brown Island Park, with its river access, trails, dog park, and nearby golf course. The property consists of three adjacent tax lots (APN: 531731, 531732, 531733), totaling 1.83 acres, and is being sold as a package. The asking price is $419,000, representing a price per acre of $293,182. The permitted zoning is UT-5. Utilities, including gas and power, are available at the street. While older plans for a single-family dwelling exist, including proposed well and septic locations (approvals have expired), the seller reports that a previous owner had manufactured home approval. Buyers are responsible for conducting all due diligence. The seller will walk the property with the buyer upon acceptance of an offer

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.83 ac (79,715 SF)
    APN 531731, 531732, 531733
    UPID US71-0939644
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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