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3950 Bartholomew Pl - Lot57 The Pavilion at Pringle Creek Community 0.58 Acres of Commercial Land Offered at $235,000 in Salem, OR 97302

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INVESTMENT HIGHLIGHTS

Located in an Opportunity Zone
Close to I5
Sustainable Community With Many Shared Features

Variety of Permitted Uses in FMU Zoning
Multi-Family Options

EXECUTIVE SUMMARY

Commercial lot available in the desirable and sustainable Pringle Creek Community. Located in an Opportunity Zone allowing for the possibility of certain tax benefits. Zoned FMU which allows for a variety of permitted uses, including mixed-use, office space, health & education services, group living, retail sales & service, laboratory testing, recreation, entertainment, construction, maintenance, health services, and more. Multi-family residential is also allowed which includes townhomes, apartments, cottage clusters, duplexes, etc. Potential for 16-18 residences and a 2,000 SF retail or office space. Property can connect to the community geothermal loop system. Great potential energy savings!

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Discount Pricing Info

PROPERTY FACTS Under Contract

Price	$235,000	Proposed Use	Commercial Retail Office Mixed Use Multifamily
Sale Type	Investment	Total Lot Size	0.58 AC
No. Lots	1	No. Stories	1
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial
Zoning	FMU

Price	$235,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Mixed Use Multifamily
Total Lot Size	0.58 AC
No. Stories	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	FMU