Listed by Tradition Real Estate Partners
$3,700,000
Lot 3 - Turner Rd Development
Details
Property Type Retail, Multifamily
Acreage 48.240
Zoning MU-III
Retail
Marketing description
Nestled between Turner and Salem, the 48.24-acre parcel offers a unique opportunity for developers and legacy builders to craft a investment within Salem’s city limits. Part of a larger 390-acre site, this mostly level section offers MU-III zoning, completed surveys, rezoning, floodplain analysis, and fill plan position this parcel for immediate development.
48.24 acres provide a mix of commercial, retail, office, service, residential, and light industrial uses in a flexible mixed-use format, often with pedestrian-oriented design standards.
Investment highlights
- Great road frontage
- Mill creek frontage
- Buyer incentives available with 100% seller financing
- Mu-iii comprehensive plan and zone change - completed
- Topography and boundary survey, tree survey, & traffic study - completed
Listing Contacts
Listed by Tradition Real Estate Partners
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