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For Sale

WEST SALEM DEVELOPMENT LAND

Wallace Rd NW | Salem, OR 97304

Property Details

Price$2,075,000
Property Size9.12 Acres

Supporting Documents

Description

  • ± 1.88 AC and ± 7.24 AC parcels
  • Zoned RM2 – Residential Medium Density
  • Approximately 150-unit multifamily development potential
  • Public utilities at the site along with some street improvements

Highlights

  • Close proximity to I-5, downtown Salem, and Salem Airport
  • Near major roads and transportation routes
  • Strong local housing demand driven by population growth
  • Located in the Willamette Valley with steady regional expansion

Brokers