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1800 Cordon Rd SE - South Salem Development Land 19.26 Acres of Commercial Land Offered at $5,083,000 in Salem, OR 97317
Investment Highlights
- Seller has initiated the annexation process with the City of Salem
- Located along a proven industrial corridor adjacent to Amazon, Home Depot, Dollar General, and Winco distribution centers
- Possibility to annex as housing. Conceptual apartment layout available upon request
- Flexible Industrial Zoning during annexation process
- Access to N Santiam Hwy and I-5 Via Kuebler Blvd.
Executive Summary
Sale Price: $5,083,000 ($7 /Developable SF)
Total Site Area: ± 19.26 AC (2 Parcels)
Developable Area: 16.67 AC
Lot A: ± 9.92 AC (± 432,115 SF)
Lot B: ± 9.34 AC (± 406,850 SF)
Current Zoning: County-UT-5 – Urban Transition
Planned Zoning: Salem IND – Industrial
Total Site Area: ± 19.26 AC (2 Parcels)
Developable Area: 16.67 AC
Lot A: ± 9.92 AC (± 432,115 SF)
Lot B: ± 9.34 AC (± 406,850 SF)
Current Zoning: County-UT-5 – Urban Transition
Planned Zoning: Salem IND – Industrial
Property Facts
| Price | $5,083,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 19.26 AC |
| Property Type | Land | ||
| Zoning | UT-5 - Urban Transition | ||
| Price | $5,083,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 19.26 AC |
| Zoning | UT-5 - Urban Transition |
1 Lot Available
Lot
| Price | $5,083,000 | Lot Size | 19.26 AC |
| Price Per AC | $263,914.85 |
| Price | $5,083,000 |
| Price Per AC | $263,914.85 |
| Lot Size | 19.26 AC |
Total Site Area: ± 19.26 AC (2 Parcels) Developable Area: 16.67 AC Lot A: ± 9.92 AC (± 432,115 SF) Lot B: ± 9.34 AC (± 406,850 SF)
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Contacts
-
Nicholas Diamond -
Riley Henderson -
Michael Horter -
Capacity Commercial Group LLC
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1800 Cordon Rd SE - South Salem Development Land
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