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5820-5860 McLeod Ln NE - 1.8 Acres in Keizer Station 1.8 Acres of Commercial Land Offered at $2,700,000 in Keizer, OR 97303

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INVESTMENT HIGHLIGHTS

Seller open to joint venture (JV) opportunities, build-to-suit arrangements, ground lease or a straightforward purchase
Dual access via Lockhaven Drive and McLeod Drive, 300' frontage on McLeod Lane with one curb cut, and prominent I-5 exposure

Approved Uses and Versatility: Zoned for commercial mixed use, retail, health care, medical office, or medical clinic
Captures the bulk of Keizer Station's ingress/egress traffic, fostering cross traffic with nearby retail giants and serving a growing population

EXECUTIVE SUMMARY

Capture the pulse of Keizer's retail revolution at 5860 McLeod Drive NE—the ultimate development canvas at Keizer Station's entrance, where I-5 visibility collides with surging traffic for unbeatable exposure! This 1.8-acre, flat, ready-to-build parcel channels the majority of Keizer Station's daily flow, with arterials humming at up to 50,000 vehicles per day and clear sightlines from I-5, drawing eyes to your future retail powerhouse, mixed-use marvel, or other commercial vision. Approved for commercial mixed use, retail, or health care—this would be a prime location for a medical development, clinic, or office amid the action—imagine synergies with anchors like Lowe's and Target, driving foot traffic and growth. With flexible paths forward—$2,700,000 sale, JV, build-to-suit, or ground lease—tap into a thriving community of nearly 39,000 residents, median household incomes of $81,217, and a diverse family base hungry for new offerings. This is your shot to dominate Keizer's bustling hub.

Sale Brochure _12_

PROPERTY FACTS

Price	$2,700,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Retail Office Healthcare Hold For Development Medical
No. Lots	1	Total Lot Size	1.80 AC
Property Type	Land
Zoning	CO - Zoning is CM (Commercial Mixed Use), Keizer Station Village Center, Area B2

Price	$2,700,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Healthcare Hold For Development Medical
Total Lot Size	1.80 AC
Zoning	CO - Zoning is CM (Commercial Mixed Use), Keizer Station Village Center, Area B2

1 LOT AVAILABLE

Lot

Price	$2,700,000	Lot Size	1.80 AC
Price Per AC	$1,500,000.00

Price	$2,700,000
Price Per AC	$1,500,000.00
Lot Size	1.80 AC

1.8 acres of flat, development-ready land at the gateway to Keizer Station, poised for immediate groundbreaking with utilities and infrastructure in place.

DESCRIPTION

Positioned in the thriving city of Keizer, Oregon—a rapidly growing suburb of Salem in Marion County renowned for its family-friendly atmosphere, strong economy, and strategic location—5860 McLeod Drive NE stands as a premier development opportunity at the entrance to Keizer Station, the region's largest shopping destination. This 1.8-acre parcel enjoys dual access points on Lockhaven Drive and McLeod Drive, with 300 feet of prime frontage on McLeod Lane and one curb cut, ensuring seamless ingress and egress. Keizer Station, anchored by major retailers like Lowe's, Target, Michaels, Ross Dress for Less, Staples, Guitar Center, and Famous Footwear, draws massive consumer traffic, creating a vibrant retail corridor with synergies for various commercial uses. With direct visibility from Interstate 5 (just moments away) and proximity to Salem (less than 5 miles south), this flat, ready-to-develop site benefits from high daily vehicle counts on surrounding arterials—up to 50,000 vehicles per day on roads like Chemawa Road—making it an ideal launchpad for developers targeting the bustling north Salem-Keizer market.

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Bike Score®

Very Bikeable (70)

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(503) 559-9279

CONTACTS

AJ Nash
Paula Moseley
Rich Karlson
Tradition Real Estate Partners

Listing ID: 37543331
Date on Market: 9/4/2025
Last Updated:
Address: 5820-5860 McLeod Ln NE, Keizer, OR 97303

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