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2170 Walker Rd NE
Salem, OR 97305
Land For Sale · 18.49 AC

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INVESTMENT HIGHLIGHTS

  • 14,500 VPD on Cordon and 5,000 VPD on Sunnyview
  • 18.49 AC of level developable land
  • Zoned for City of Salem annexation

EXECUTIVE SUMMARY

2170 Walker Road boasts 18+ AC of level land surrounded on three sides by residential neighborhoods and Chávez Elementary School, constructed in 2012. It is currently part of unincorporated Marion County, but it is within the Salem Urban Growth Boundary and is expected to be annexed by the City of Salem when acquired for development. Off-sites adjacent to site.
Preliminary conversations with the city and county indicate medium density (townhomes or similar) or single family residential, which may include townhomes or garden style apartment development. Buyer to confirm these findings with jurisdictions during due diligence.
The Property currently includes a single family home and a large shed. It is flat with developed roadways on three sides and elementary school to the north.

PROPERTY FACTS Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Single Family Development
Total Lot Size 18.49 AC
Zoning UT - 10 - Marion County zoning for land that is expected to be annexed by the City of Salem. Land would be re-zoned upon annexation.

1 LOT AVAILABLE

Lot 52345

Price $8,269,980 CAD
Price Per AC $447,267.71 CAD
Lot Size 18.49 AC

18.49 AC of prime development land in East Salem.

DESCRIPTION

2170 Walker Road boasts 18+ AC of level land surrounded on three sides by residential neighborhoods and Chávez Elementary School, constructed in 2012. It is currently part of unincorporated Marion County, but it is within the Salem Urban Growth Boundary and is expected to be annexed by the City of Salem when acquired for development. Off-sites adjacent to site. Preliminary conversations with the city and county indicate medium density (townhomes or similar) or single family residential. Buyer to confirm these findings with jurisdictions during due diligence. The Property currently includes a single family home and a large shed. It is flat with developed roadways on three sides and elementary school to the north.

  • Listing ID: 32237559

  • Date on Market: 2024-06-24

  • Last Updated:

  • Address: 2170 Walker Rd NE, Salem, OR 97305

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