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    OFF-MARKET
    Land

    4560 Center Street Northeast, Salem, OR 97301

    Property ID
    No photo on file
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    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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