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7102 Cains Pl SE
Salem, OR 97306
Land For Sale
·
48.06 AC
Investment Highlights
- Neighboring Cinnamon Hill and Sabre Ridge
- With street and utility stubs at the west & north end, the site is prime for a planned unit development or subdivision
- Well-connected and ready-to-develop property
- Adjacent to RS (single family) zone to West and RM2 (multifamily) to the North
- Two existing dwelling units with multiple outbuildings
- Lot Layout for 280 dwelling units
Executive Summary
Annexed into City of Salem. Currently zoned Single Family Residential. Lot layout for 280 lots.
Property Facts Under Contract
1 Lot Available
Lot
| Price | $10,879,575 CAD | Lot Size | 48.06 AC |
| Price Per AC | $226,374.84 CAD |
| Price | $10,879,575 CAD |
| Price Per AC | $226,374.84 CAD |
| Lot Size | 48.06 AC |
Prime 48 +/-acre lot with 6 parcels. Located in South Salem. Two existing dwelling units with multiple outbuildings.
Description
Prime 48-acre opportunity in South Salem within the Urban Growth Boundary, neighboring Cinnamon Hill and Sabre Ridge. Adjacent to RS (single family) zone to West and RM2 (multifamily) to the North. Annexed with street and utility stubs at the west & north end, the site is prime for a planned unit development or subdivision. Two existing dwelling units with multiple outbuildings. Excellent opportunity for investors seeking a well-connected and ready-to-develop property.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $357,044 CAD | Total Assessment | $1,972,689 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$357,044 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,972,689 CAD
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