Residential Development Opportunity 4.80 AC

4.8 Acres of Residential Land Offered at $1,460,000 USD in Salem, OR 97304

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,460,000

Property Type
Land

Listing Contacts

Shadya Jones
Shadya Jones
Verified Profile
  • Property Info

Property Overview

The properties are located in West Salem and within the Urban Growth Boundary for the City of Salem. West Salem is the only part of the city located in Polk County. The neighborhood is separated from the rest of Salem by the Willamette River, which serves as West Salem's southeast border. The business districts of West Salem are located on Edgewater Street and Wallace Road.
The sale consists of an assemblage of two separate tax lots; one is currently in Farm Deferral, an approximately 2873/SF single-family residence with 4/bd and 2.5/baths, and one shop approximately 1920/SF, and one barn.

Property Details

Property Subtype
Residential/Multifamily

Highlights

  • Inside the UGB Boundary for the City of Salem
  • Designated Developing Residential (DR) in the Salem Area Comp Plan
  • Prime Residential Opportunity
  • Flat Topography
  • Please do not disturb owners
  • Call listing broker to schedule showings

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