Property profile

5860 Mcleod Ln NE Keizer, OR 97303

FOR SALE
Vacant Commercial
Property ID
US71-0803106
1,104 SF 1.8 ac lot Built 1947
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Property summary

AI-generated overview

The property is a 1.8-acre parcel of flat, development-ready land positioned at the gateway to Keizer Station. It is zoned for commercial mixed-use, retail, health care, medical office, or medical clinic uses. The site has dual access from Lockhaven Drive and McLeod Drive, with approximately 300 feet of frontage on McLeod Lane and one curb cut. The parcel is positioned with visibility to I-5 and is configured to support access to and from nearby retail areas, aligning with ingress/egress travel patterns associated with Keizer Station. Utilities and infrastructure are reported to be in place to support development, and the land is suitable for a range of commercial development approaches, including joint venture or build-to-suit concepts.

Property profile

Verified
Property type Vacant Commercial
Year built 1947
Total area 1,104 SF
Lot 1.8 ac (78,408 SF)
APN 063W36BC06200
UPID US71-0803106

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5860 Mcleod Ln NE Keizer, OR 97303
Keizer metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2025
Last sale
$2.5M
5 recorded transactions
2025
Price N/A
2025
$2.5M
2020
Price N/A
2018
Price N/A
2016
Price N/A
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