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3000 Portland Rd NE - North Gateway Development Opportunity 0.25 Acres of Commercial Land Offered at $169,512 CAD in Salem, OR 97301
Investment Highlights
- North Gateway Rehabilitation Grant dollars match 1-1, max $300,000
- Versatile zoning for various industrial and commercial uses
- Ideal for land and industrial investors
- North Gateway Urban Renewal Grant up to $20,000
- Prime investment opportunity
- High traffic count
Executive Summary
Prime industrial/commercial investment opportunity in Salem. This .25-acre parcel of land is located in Salem's North Gateway Rehabilitation & Urban Renewal program areas on Portland Rd. NE offers versatile IC zoning, making it ideal for industrial and commercial uses. The property provides easy access to major transportation routes, offering a strategic location for logistics and operations.
An additional five adjoining lots may also be available for purchase, offering the opportunity to create a contiguous parcel totaling approximately 0.78 acres. This includes the subject property and an additional 0.53 acres from the neighboring lots available.
An additional five adjoining lots may also be available for purchase, offering the opportunity to create a contiguous parcel totaling approximately 0.78 acres. This includes the subject property and an additional 0.53 acres from the neighboring lots available.
Property Facts
| Price | $169,512 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.25 AC |
| Property Type | Land | ||
| Zoning | IC - Industrial/Commercial | ||
| Price | $169,512 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.25 AC |
| Zoning | IC - Industrial/Commercial |
1 Lot Available
Lot
| Price | $169,512 CAD | Lot Size | 0.25 AC |
| Price Per AC | $678,049.98 CAD |
| Price | $169,512 CAD |
| Price Per AC | $678,049.98 CAD |
| Lot Size | 0.25 AC |
.25-acre parcel of land is located in Salem's North Gateway Rehabilitation & Urban Renewal program areas on Portland Rd.
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Bike Score®
Very Bikeable (82)
Property Taxes
| Parcel Number | 589685 | Improvements Assessment | $1,927,423 CAD |
| Land Assessment | $469,763 CAD | Total Assessment | $2,397,186 CAD |
Property Taxes
Parcel Number
589685
Land Assessment
$469,763 CAD
Improvements Assessment
$1,927,423 CAD
Total Assessment
$2,397,186 CAD
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3000 Portland Rd NE - North Gateway Development Opportunity
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