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4620 Gath SE Rd - $2M+ REDUCTION-RS DEVELOPMENT IN CITY LIMITS 90.22 Acres of Residential Land Offered at $4,900,000 in Salem, OR 97317

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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.

Subject Plat

Gath - Flyer

PROPERTY FACTS

Price	$4,900,000	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Planned Unit Development Single Family Development
No. Lots	1	Total Lot Size	90.22 AC
Property Type	Land
Zoning	RS - https://library.municode.com/or/salem/codes/code_of_ordinances?nodeId=TITXUNDECO_UDC_CH511INFARE_S511.005US

Price	$4,900,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Planned Unit Development Single Family Development
Total Lot Size	90.22 AC
Zoning	RS - https://library.municode.com/or/salem/codes/code_of_ordinances?nodeId=TITXUNDECO_UDC_CH511INFARE_S511.005US

1 LOT AVAILABLE

Lot

Price	$4,900,000	Lot Size	90.22 AC
Price Per AC	$54,311.68

Price	$4,900,000
Price Per AC	$54,311.68
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.