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1800 Cordon Rd SESalem, OR 97317
South Salem Development Land
Asset ClassLand, Industrial, Multifamily, Senior Housing
Deal Size$5.08 M
Approx. 16.67 AC Development Land in Salem
overview of deal

Overview

Sale Price: $5,083,000 ($7 /Developable SF)

Total Site Area: ± 19.26 AC (2 Parcels)

Developable Area: 16.67 AC

Lot A: ± 9.92 AC (± 432,115 SF)

Lot B: ± 9.34 AC (± 406,850 SF)

 

Current Zoning: County-UT-5 – Urban Transition

Planned Zoning: Salem IND – Industrial

 

Investment Highlights

  • Seller has initiated the annexation process with the City of Salem
  • Flexible Industrial Zoning during annexation process
  • Located along a proven industrial corridor adjacent to Amazon, Home Depot, Dollar General, and Winco distribution centers
  • Access to N Santiam Hwy and I-5 Via Kuebler Blvd.
  • Possibility to annex as housing. Conceptual apartment layout available upon request
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deal gallery image
deal gallery image
1800 Cordon Rd SESalem, OR 97317

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