For Sale
$2,625,000

3510 Lancaster Dr Salem, OR 97305

Prime Salem development opportunity. Mixed-use potential, CR zoning.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 2.75-acre parcel presents a remarkable commercial development opportunity in Salem, Oregon. Located at 3510 Lancaster Dr NE, this vacant land is situated within the city's urban growth boundary, offering significant advantages for investors and developers. The property's CR zoning allows for a diverse range of mixed-use projects, catering to various commercial and potentially residential needs. Its strategic location between Silverton Road and Chemeketa Community College provides excellent visibility and accessibility, ensuring high traffic flow and convenient access for potential businesses and residents. The expansive lot size provides ample space for a substantial development, allowing for creative design and efficient utilization of the land. With its prime location, flexible zoning, and considerable acreage, this property represents a rare chance to capitalize on Salem's thriving commercial market and create a significant development. The address is 3510 Lancaster Dr NE, Salem, OR 97305. The asking price is $2,625,000.

Highlights

  • $2,625,000 asking price.
  • 2.75-acre vacant commercial land parcel.
  • Located in Salem, Oregon, within the urban growth boundary.
  • Zoned CR.
  • Situated between Silverton Road and Chemeketa Community College.
  • Excellent opportunity for mixed-use development.

Property Details for 3510 Lancaster Dr

Property type
Land
Lot Size (sq. ft)
119,790 SF

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.970724
Longitude
-122.982715

FAQs

What type of property is this?
Land - Prime Salem development opportunity. Mixed-use potential, CR zoning.
Where is the land located?
The property is located at 3510 Lancaster Dr Salem, OR.
What is the asking price?
The asking price for this property is $2,625,000.
What are key features of this property?
This property features: $2,625,000 asking price.; 2.75-acre vacant commercial land parcel.; Located in Salem, Oregon, within the urban growth boundary.
How can I contact the broker?
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3510 Lancaster Dr
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