0 36Th AveSalem, OR 97317

For Sale
$5,307,459
21 Acres, Prime Location, Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
126
Exceptional opportunity to acquire 21.19 acres of industrial land in Salem, Oregon. This property, located at the intersection of Kuebler Blvd SE and 36th Ave SE (APN 529471 & 529472), offers significant potential for development. The land is comprised of two parcels: a 10.94-acre north parcel (City of Salem limits, IC - Industrial Commercial zoning) and a 10.25-acre south parcel (unincorporated Marion County, IG - Industrial General zoning). Both parcels currently benefit from forest deferral, offering tax advantages. The asking price is $5,307,459, translating to a land value of $5.75 per square foot. The property boasts a flat topography and enjoys excellent visibility from Kuebler Blvd SE. Its strategic location provides convenient access to Interstate 5, placing it within minutes of major transportation arteries. The surrounding area is experiencing significant growth, with numerous new and planned developments, further enhancing the property's value and potential. This is a rare opportunity for developers and investors seeking a substantial land holding in a thriving industrial sector. The property's zoning allows for a wide range of industrial uses, making it an attractive investment for various projects. This prime location and favorable zoning make this a highly desirable property for immediate development or future investment.

Highlights

  • Excellent I-5 freeway access.
  • Level lot.

Property Details for 0 36Th Ave

Property type
Land
Lot Size (sq. ft)
923,036 SF

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.9018063
Longitude
-122.8989892
36Th Ave, Salem, Oregon

FAQs

What type of property is this?
Land - 21 Acres, Prime Location, Investment Opportunity
Where is the land located?
The property is located at 36Th Ave Salem, OR.
What is the asking price?
The asking price for this property is $5,307,459.
What are key features of this property?
This property features: Excellent I-5 freeway access.; Level lot.;
How can I contact the broker?
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0 36Th Ave
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