NW Wallace RD, Salem, OR 97304
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Geri And Tim Penner
Listed by Norris & Stevens Investment Real Estate Services • DavidK@norris-stevens.com
$2,075,000
Est. payment /mo
9.12 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 468567809

HOA Y/N No

Annual Tax Amount $1,521

Tax Year 2024

Lot Size 9.120 Acres

Property Sub-Type Multi Family

Property Description

This offering presents a prime 1.82 and 7.30-acre parcel of Residential Medium Density (RM2) zoned land located in the rapidly growing West Salem neighborhood, directly adjacent to the highly anticipated Marine Drive corridor. With proximity to major transportation routes, expanding infrastructure, and a thriving local community, this site offers significant potential for multifamily development in one of the most promising areas of Salem,Oregon.

Location

State OR

County Polk

Area _168

Zoning RM2

Exterior

Utilities Available ElectricityAvailable, NaturalGasAvailable, PublicSewer, WaterAvailable

Garage No

Schools

Elementary Schools Harritt

Middle Schools Straub

High Schools West Salem

Others

Acceptable Financing CallListingAgent

Listing Terms CallListingAgent


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Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

Geri And Tim Penner

+1(971) 777-3137

concierge@pennergroupproperties.com

9792 SW Nimbus Ave, Beaverton, OR, 97008, USA

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NW Wallace RD