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For Sale

Portland Rd Bare Land

3005 Portland Rd NE,
Salem, OR 97301

Asset Snapshot

0.54 Acres
Land Area

Offering Summary

Investment Overview

Consisting of five tax lots totaling approximately .53 acres, is ideally situated near I5 and boasts urban renewal incentives. With its advantageous location and IC zoning with Portland/Fairgrounds Overlay, this offering holds immense potential for development. Urban Renewal allows for a 1:1 match of applicable expenses (see link for details). Example: $600,000 is spent on applicable costs, Buyer can get up to $300,000 reimbursed.


Investment Highlights

  • Five Tax lots totaling approximately 23,522 SF /.53 Acres
  • IC Zoning with Portland/Fairgrounds Overlay
  • North Gateway Urban Renewal Zone (See link for more info)
  • Tax Lots 526418, 526416, 526415, 526413, 526410

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Listing Syndicated From

Buildout
For Sale
$365,000
Asking Price