For Sale
$750,000

3271 Lancaster Dr Salem, OR 97305

Prime 0.64-acre commercial lot in Salem, Oregon.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 0.64-acre commercial land parcel presents a unique development opportunity in Salem, Oregon. Located at 3271 Lancaster Dr NE, this property boasts high visibility and significant traffic counts due to its strategic placement next to established businesses like Dairy Queen and Howard Commons Apartments. The CR zoning permits a variety of commercial and retail developments, making it ideal for entrepreneurs and investors seeking a prime location. The property includes a billboard with an existing lease, providing immediate potential rental income. Prospective buyers are responsible for conducting thorough due diligence with the City of Salem and Marion County to confirm development feasibility and access requirements. This is one of the last remaining developable lots on Lancaster Drive, representing a rare chance to secure a highly desirable location for a new commercial venture. The asking price is $750,000, and the Assessor's Parcel Number (APN) is 559274. This property is situated in Marion County, Oregon, with a zip code of 97305. The coordinates are 44.9670345 latitude and -122.9838533 longitude.

Highlights

  • $750,000 asking price.
  • 0.64-acre commercial land parcel.
  • CR zoning.
  • Located at 3271 Lancaster Dr NE, Salem, OR 97305 (APN 559274).
  • High visibility location near Dairy Queen and Howard Commons Apartments.
  • Existing billboard with lease in place.

Property Details for 3271 Lancaster Dr

Property type
Land
Lot Size (sq. ft)
27,878 SF

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.9670345
Longitude
-122.9838533

FAQs

What type of property is this?
Land - Prime 0.64-acre commercial lot in Salem, Oregon.
Where is the land located?
The property is located at 3271 Lancaster Dr Salem, OR.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: $750,000 asking price.; 0.64-acre commercial land parcel.; CR zoning.
How can I contact the broker?
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3271 Lancaster Dr
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