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1940-2045 Hyacinth St NE - 1940 & 2045 Hyacinth Street NE 3.23 - 11.74 Acre Industrial Land Lots Offered at $2,000,000 - $6,100,000 Per Lot in Salem, OR 97303
INVESTMENT HIGHLIGHTS
- Asking Sale Price: $9,084,873 ($8.00/SF)
- Full development approvals for a yard site
- Favorable zoning designation
- Located immediately off I-5
- Full due-diligence package available to buyer
EXECUTIVE SUMMARY
26.07 acres of land available for sale with I-5 proximity and flexible zoning designation. Opportunity for developers, investors, and owner users to leverage work from the ownership to readily put the site into production for a large range of development concepts.
Zoning allows for uses including but not limited to motor vehicle and manufactured dwelling and trailer sales, motor vehicle services, commercial parking, heavy vehicle and trailer storage/sales, self-service storage, contractor's yard, multifamily, retail, hospitality/temporary, commercial lodging, manufacturing, warehouse/distribution.
The site is entitled for yard development. A full due diligence package is accessible in the Data Room, including infrastructure plans, wetland studies, entitlement documents, environmental reports, geotechnical studies, surveys, and more.
Zoning allows for uses including but not limited to motor vehicle and manufactured dwelling and trailer sales, motor vehicle services, commercial parking, heavy vehicle and trailer storage/sales, self-service storage, contractor's yard, multifamily, retail, hospitality/temporary, commercial lodging, manufacturing, warehouse/distribution.
The site is entitled for yard development. A full due diligence package is accessible in the Data Room, including infrastructure plans, wetland studies, entitlement documents, environmental reports, geotechnical studies, surveys, and more.
PROPERTY FACTS
3 LOTS AVAILABLE
Lot A
| Price | $2,000,000 | Lot Size | 3.23 AC |
| Price Per AC | $619,195.05 |
| Price | $2,000,000 |
| Price Per AC | $619,195.05 |
| Lot Size | 3.23 AC |
Lots can be purchased together or separate. Combined Sale Price: $9,084,873 ($8.00/SF) Total Lot Size: 3-26.07 AC
Lot B
| Price | $6,100,000 | Lot Size | 11.74 AC |
| Price Per AC | $519,591.14 |
| Price | $6,100,000 |
| Price Per AC | $519,591.14 |
| Lot Size | 11.74 AC |
Lots can be purchased together or separate. Combined Sale Price: $9,084,873 ($8.00/SF) Total Lot Size: 3-26.07 AC
Lot C
| Price | $4,300,000 | Lot Size | 11.10 AC |
| Price Per AC | $387,387.39 |
| Price | $4,300,000 |
| Price Per AC | $387,387.39 |
| Lot Size | 11.10 AC |
Lots can be purchased together or separate. Combined Sale Price: $9,084,873 ($8.00/SF) Total Lot Size: 3-26.07 AC
DESCRIPTION
The property is located in North Salem, less than one minute to the Salem Parkway. The property is also located within the Enterprise Zone.
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1940-2045 Hyacinth St NE - 1940 & 2045 Hyacinth Street NE
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