4665 Croisan Creek Rd, Salem, OR 97302
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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