For Sale

Lot 4/5 - Turner Rd Development

4620 Gath Road Southeast,
Salem, OR 97317
Represented by
Tradition Real Estate Partners

Asset Snapshot

90.24 Acres
Land Area

Offering Summary

Investment Overview

Nestled between Turner Road and Gath Road, the 90.24-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.


Investment Highlights

  • Location: 4620 Gath Road Southeast (Hog Hill section between Turner Rd and Gath Rd)
  • Size: 90.24 acres of residentially zoned land within a 390-acre parcel
  • Zoning: RS (Residential Single-Family), with 63 usable acres per BBG appraisal
  • Accessibility: 1.1 miles from I-5, 1.9 miles from Hwy 22, 7 miles southeast of downtown Salem
  • Natural Features: Elevated topography with views over Salem and Turner, adjacent to Mill Creek
  • Development Status: Topography/boundary surveys, tree survey, completed zone change, tentative
  • subdivision plan concepts, and partition in process.
  • School District: Southern end within the highly sought-after Cascade School District
  • Proximity: Neighbors Turner Lake, Corban University, and Mill Creek Corporate Center
  • Land Use: Zone change completed
  • Environmental: Floodplain fill analysis and wetland concurrence in progress
  • Vision: Ideal for a master-planned community with diverse housing options
  • Flexibility: Open to joint ventures or partial sales for tailored development
  • Market Appeal: Developers and legacy builders

How it Works

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Listing Syndicated From

Buildout
For Sale
$7,000,000
Asking Price

Investment Sales Broker

AJ Nash | Partner
Tradition Real Estate Partners