Listed by Norris & Stevens
$1,975,000
West Salem Development Land
Details
Property Type Land
Sub Type Commercial, Residential
Price Per Acre $216,557
Acreage 9.120
Zoning RM2
Land | 9.12 acres
Marketing description
- ±1.82 AC and ±7.20 AC parcels
- Zoned RM2 — Residential Medium Density
- Approximately 250-unit multifamily development potential
- Public utilities at the site along with some street improvements
- Close proximity to I-5, downtown Salem, and Salem Airport
- Near major roads and transportation routes
- Strong local housing demand driven by population growth
- Located in the Willamette Valley with steady regional expansion
Listing Contacts
Listed by Norris & Stevens
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