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4620 Gath SE Rd - Turner Rd Development - 90.22ac - RS 90.22 Acres of Residential Land Offered at $4,500,000 in Salem, OR 97317
Investment Highlights
- TOTAL ACREAGE: 90.22 acres
- DEVELOPMENT STATUS: Topography/boundary surveys, tree survey, completed zone change, tentative subdivision plan concepts, and partition in process.
- ENVIRONMENTAL: Floodplain fill analysis and wetland concurrence in progress
- USEABLE ACREAGE: 63.12 acres
- ZONING: RS (Residential Single-Family), with 63 usable acres per BBG appraisal
- LAND USE: Zone change completed
Executive Summary
Nestled between Turner Road and Gath Road, the 90.22-acre “Hog Hill” residential parcel offers a rare opportunity for developers and legacy builders to craft a signature community within Salem’s city limits. Part of a larger 390-acre site, this elevated section boasts flexible RS zoning, completed surveys, and a tentative subdivision plan, positioning it for immediate residential development. With a recent offer from a national builder underscoring its value, this parcel promises lucrative returns through a mix of single family homes and townhomes, while allowing a visionary developer to retain a legacy portion for personal use. Its proximity to downtown Salem, top rated Cascade School District, and natural amenities like Mill Creek make it a prime canvas for a thriving, community-focused project.
Property Facts
1 Lot Available
Lot 4 & 5
| Price | $4,500,000 | Lot Size | 90.22 AC |
| Price Per AC | $49,878.08 |
| Price | $4,500,000 |
| Price Per AC | $49,878.08 |
| Lot Size | 90.22 AC |
Between Turner Road and Gath Road, the 90.24-acre “Hog Hill” residential parcel is suited for land developers and legacy builders to build a community within Salem’s city limits.
Property Taxes
| Parcel Number | 327913 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $7,911,856 |
Property Taxes
Parcel Number
327913
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$7,911,856
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4620 Gath SE Rd - Turner Rd Development - 90.22ac - RS
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