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3297 River Rd 0.7 Acres of Commercial Land Offered at $699,900 in Keizer, OR 97303
INVESTMENT HIGHLIGHTS
- Easy access to Salem Parkway and Interstate 5
- Situated within business friendly municipality
- Zoned Salem-MU-III, encompassing a plethora of uses (check local jurisdiction)
- Nearly 30,000 vehicles per day pass by this location
- Signaled intersection access
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $699,900 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.70 AC |
| Zoning | Salem-MU-III | ||
| Price | $699,900 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.70 AC |
| Zoning | Salem-MU-III |
1 LOT AVAILABLE
Lot 073W11CB03
| Price | $699,900 | Lot Size | 0.70 AC |
| Price Per AC | $999,857.14 |
| Price | $699,900 |
| Price Per AC | $999,857.14 |
| Lot Size | 0.70 AC |
07S / 03W / 11 / SW; 0.70 Acres (30,492 SqFt); 000400 / 1014
DESCRIPTION
This is a development opportunity at a signalized intersection on the south end of River Road N where Salem and Keizer meet, just blocks north of the Salem Parkway. The longtime home to a local upholstery business the highest and best use is for commercial retail or office redevelopment. It is on the west "going to work" side of River Road and has its highest traffic counts in the morning as commuters travel to work from Keizer to Salem. A customer making a right turn out of this location has easy access to either River Road/Commercial Street NE into Salem or Broadway St NE to the Salem
PROPERTY TAXES
| Parcel Number | 525797 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $244,010 |
PROPERTY TAXES
Presented by
3297 River Rd
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