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Tax Lot 200 - Walker Rd NE 4.14 Acres of Residential Land Offered at $395,000 in Salem, OR 97305

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INVESTMENT HIGHLIGHTS

  • 4.14 acres
  • At the corner of Cordon Rd NE & Carolina Ave NE
  • Zoned UT-10

EXECUTIVE SUMMARY

4.14 acre parcel with development potential under UT-10 zoning, ideal for either multi-family or single-family residential development. Located in a growing, well-connected area with easy access to major thoroughfares, schools, shopping, and employment centers, this property provides flexibility for a variety of concepts.

PROPERTY FACTS

Price $395,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Mixed Use
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Hold For Development
  • Planned Unit Development
Total Lot Size 4.12 AC
Zoning UT-10 - Urban Transition - 10 acre minimum
Parcel Number 523424

1 LOT AVAILABLE

Lot

Price $395,000
Price Per AC $95,410.63
Lot Size 4.14 AC

-4.14 acres -Zoned UT-10 -Utilities nearby at street -Sale price: $395,000

DESCRIPTION

At the corner of Cordon Rd NE and Carolina Ave NE, this parcel is situated between residential neighborhood and Chavez Elementary School. This parcel is within Marion County jurisdiction and zoned Urban Transition - 10 acre lot minimum (UT-10).

  • Listing ID: 38306674

  • Date on Market: 11/3/2025

  • Last Updated:

  • Address: Tax Lot 200 - Walker Rd NE, Salem, OR 97305

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