3005 Portland Rd NE, Salem, OR
Land for Sale - $365,000
Agent Info
Alex Rhoten |
Property Info
CIMLS# | 1179412 |
Location 3005 Portland Rd NE Salem OR 97301 | |
Updated | August 8th, 2025 |
Type | Land |
Price | $365,000 |
Property Description
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. Buyer to confirm terms and stipulations with the city.