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5250 Eastland Ave - Turner Rd Development - 165ac - IC 165 Acres of Industrial Land Offered at $5,934,444 CAD in Salem, OR 97317
Investment Highlights
- 165 ACRES
- RAILROAD ADJACENT TO PROPERTY
- BUYER INCENTIVES AVAILABLE WITH 100% SELLER FINANCING
- INDUSTRIAL GENERAL (IG) ZONING
- COMPREHENSIVE PLAN AMD ZONE CHANGE - COMPLETED
- TOPOGRAPHY AND BOUNDARY SURVEY, TREE SURVEY, & TRAFFIC STUDY - COMPLETED
Executive Summary
Situated against Mill Creek between Turner and Salem, the 165-acre parcel offers a rare opportunity Industrial Commercial zoning craft a signature community within Salem’s city limits. Part of a larger 390-acre site, this level section boasts flexible IC zoning, completed surveys, rezoning, floodplain analysis, surveys, and fill plan position this parcel for immediate development.
Unlock unparalleled potential with this exclusive 388-acre parcel—the largest undeveloped gem within Salem city limits. Strategically positioned just 7 miles southeast of downtown, this site masterfully fuses rural landscapes, stunning natural vistas, and seamless suburban connectivity, setting the stage for transformative projects.
Adjacent to Turner Lake and Corban University, it offers effortless access to key infrastructure like the airport and major big-box retailers. This top tier assist features residential zones, Desirable mixed use zones, Industrial commercial zones, and Industrial Commercial zones.
Unlock unparalleled potential with this exclusive 388-acre parcel—the largest undeveloped gem within Salem city limits. Strategically positioned just 7 miles southeast of downtown, this site masterfully fuses rural landscapes, stunning natural vistas, and seamless suburban connectivity, setting the stage for transformative projects.
Adjacent to Turner Lake and Corban University, it offers effortless access to key infrastructure like the airport and major big-box retailers. This top tier assist features residential zones, Desirable mixed use zones, Industrial commercial zones, and Industrial Commercial zones.
Property Facts
| Price | $5,934,444 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Industrial |
| No. Lots | 1 | Total Lot Size | 165.00 AC |
| Zoning | IG - Allows broad heavy/light manufacturing, warehousing, wholesale, and industrial uses for employment-focused areas with minimal restrictions. | ||
| Price | $5,934,444 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 165.00 AC |
| Zoning | IG - Allows broad heavy/light manufacturing, warehousing, wholesale, and industrial uses for employment-focused areas with minimal restrictions. |
1 Lot Available
Lot 1A
| Price | $5,934,444 CAD | Lot Size | 165.00 AC |
| Price Per AC | $35,966.33 CAD |
| Price | $5,934,444 CAD |
| Price Per AC | $35,966.33 CAD |
| Lot Size | 165.00 AC |
72.61 acres of Mixed Use 2 (MU-Il) district is designed for compatible mix of uses, including ground-floor commercial with residential units above. It is also meant to help preserve existing neighborhood commercial spaces.
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 327913 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $10,959,819 CAD |
Property Taxes
Parcel Number
327913
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$10,959,819 CAD
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5250 Eastland Ave - Turner Rd Development - 165ac - IC
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