10+ Acres in South Salem (Sale Fail - Motivated Seller)

1400 Block of Davis Rd S, Salem, OR

Market Price

Price

10.37 acres

Lot Area

 
Overview
Lot Area
10.37 acres
Description

The subject property is 10+ acres of RM2 (high-density multi-family) zoned land in South Salem. The highest and best uses are multi-family, zero lot line homes, or a creative subdivision. The property is sloped from south to north giving the rear portion of the property great views. The Seller retained engineering firm HHPR, Inc. to produce some preliminary development site plan ideas which were then provided to the City of Salem for a pre-application conference which was held on December 20, 2021. From those findings, HHPR has also been able to provide us with an estimated development budget. All of this information is located in our secure documents.

Located two blocks east of Crossler Middle School and from Liberty Road S, an arterial street heading north to central Salem. Interstate 5 is five minutes east. South Salem is seeing the highest concentration of new construction in all of Salem but larger parcels like this are becoming very scarce.

Highlights
  • Sale Fail - Motivated Seller
  • Rare 10+ acre land inside the City limits
  • ACCESS TO ALL DOCUMENTS CAN BE FOUND AT: https://svnca.com/properties/?propertyId=973510-sale
Documents

Location
Gallery