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1750 Edgewater St - Salem Waterfront Development Land 53 Acres of Commercial Land Offered at $8,000,000 in Salem, OR 97304
Investment Highlights
- Zoning: CG – Commercial General (with multifamily allowed over retail)
- Irreplaceable location with ~2,400 linear feet along Willamette River
- Estimated 33 acres developable (to be verified with new cut / fill requirements)
- 2021 Appraisal for $13,240,000
Executive Summary
10 Tax Lots for a total of 53.1 AC in Salem
CG Zoning | Along Hwy 22
Sale Price: $8,000,000
Total Site Area: 53.1 AC
Developable: ± 33.0 AC est.
Undevelopable: ± 20.1 AC est.
Zoning: CG – Commercial General
(with multifamily as conditional use)
CG Zoning | Along Hwy 22
Sale Price: $8,000,000
Total Site Area: 53.1 AC
Developable: ± 33.0 AC est.
Undevelopable: ± 20.1 AC est.
Zoning: CG – Commercial General
(with multifamily as conditional use)
Property Facts
| Price | $8,000,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 53.00 AC |
| Property Type | Land | ||
| Zoning | CG - General Commercial - CG - General Commercial | ||
| Price | $8,000,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 53.00 AC |
| Zoning | CG - General Commercial - CG - General Commercial |
1 Lot Available
Lot
| Price | $8,000,000 | Lot Size | 53.00 AC |
| Price Per AC | $150,943.40 |
| Price | $8,000,000 |
| Price Per AC | $150,943.40 |
| Lot Size | 53.00 AC |
Close Proximity to Hwy 22 Adjacent to Willamette River
Description
Total Site Area: 53.1 AC Developable: ± 33.0 AC est. Undevelopable: ± 20.1 AC est.
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Contacts
-
Nicholas Diamond -
Riley Henderson -
Michael Horter -
Capacity Commercial Group LLC
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1750 Edgewater St - Salem Waterfront Development Land
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