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1684 Doaks Ferry - Doaks Ferry
11.82 Acres of Residential Land Offered at £3,897,234 in Salem, OR 97304
Investment Highlights
- Great visibility on Doaks Ferry Rd.
- Entire site is currently zoned RA
- Close to Roths Fresh Markets, Walgreens, Starbucks, Safeway, and the West Salem Clinic
- Views of Mt. Jefferson & Mt. Hood
Executive Summary
The current proposed site plan consists of approx. 4.65 AC, which includes 29 approved lots, an additional approx. 4.09 AC of land which still needs an approved site plan, and approx. 0.95 AC of designated space for retention ponds. With the recent passing of the Housing Choices (House Bill 2001), there is the potential for duplexes and triplexes to be built on the approved 29 lots (depending on the specific lot's square footage). The 4.09 AC could be partitioned off into more individual parcels, or left as one parcel, which the owner and civil engineer believe could be rezoned to a high-density RM code. Buyer is to do their own due diligence and is responsible for verifying occupancy with City of Salem.
**This information is subject to change.**
Located on the corner of Doaks Ferry Rd NW and Orchard Heights Rd NW, this prime development property is only 1.7 miles to neighborhood retailers such as Roth's Fresh Market, Starbucks, Chevron Gas. Across the bridge and into downtown Salem is only 3 miles away. There are numerous wineries located within a 5 mile radius and access to Hwy 22 W is a little over a 5min drive.
Entire site is currently zoned RA.
Property Facts
| Price | £3,897,234 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Total Lot Size | 11.82 AC |
| No. Lots | 1 | Cross Streets | Orchard Heights Road |
| Property Type | Land |
| Price | £3,897,234 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 11.82 AC |
| Cross Streets | Orchard Heights Road |
1 Lot Available
Lot 3
| Price | £3,897,234 | Lot Size | 11.82 AC |
| Price Per AC | £329,715 |
| Price | £3,897,234 |
| Price Per AC | £329,715 |
| Lot Size | 11.82 AC |
Lots 1201, 1200, and 1300 APN #s: 569347, 314916, and 270650 (*Seller's total AC differs from county assessors office.)
Description
This rolling development property consists of approximately11.82 acres of residential agriculture (RA) land. These development parcels have stunning mountain and city views and are located across from West Salem High School. They provide easy access to Salem/West Salem via Orchard Heights Road or Highway 22 via Doaks Ferry Road. The current proposed site plan consists of approx. 4.65 AC, which includes 29 approved lots, an additional approx. 4.09 AC of land which still needs an approved site plan, and approx. 0.95 AC of designated space for retention ponds. With the recent passing of the Housing Choices (House Bill 2001), there is the potential for duplexes and triplexes to be built on the approved 29 lots (depending on the specific lot's square footage). The 4.09 AC could be partitioned off into more individual parcels, or left as one parcel, which the owner and civil engineer believe could be rezoned to a high-density RM code. Buyer is to do their own due diligence. **This information is subject to change.** Located on the corner of Doaks Ferry Rd NW and Orchard Heights Rd NW, this prime development property is only 1.7 miles to neighborhood retailers such as Roth's Fresh Market, Starbucks, Chevron Gas. Across the bridge and into downtown Salem is only 3 miles away. There are numerous wineries located within a 5 mile radius and access to Hwy 22 W is a little over a 5min drive. Entire site is currently zoned RA
zoning
| Zoning Code | RA |
| RA |
-
Alex Rhoten -
Kelsi Sands -
Coldwell Banker Commercial Mountain West
Presented by
1684 Doaks Ferry - Doaks Ferry
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