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1940-2045 Hyacinth St NE - 1940 & 2045 Hyacinth Street NE

14.97 Acres of Industrial Land Offered at £7,203,021 in Salem, OR 97303

Investment Highlights

  • Located immediately off I-5
  • Divisible to 3 acres
  • Full due-diligence package available to buyer
  • Billboard with income and potential user for tenant/buyer advertising
  • Full development approvals for a yard site
  • Favorable zoning designation

Executive Summary

Favorable zoning designation that allows for uses including but not limited to motor vehicle and manufactured dwelling and trailer sales, motor vehicle services, commercial parking, heavy vehicle and trailer storage/sales, self-service storage, contractor's yard, multifamily, retail, hospitality/temporary commercial lodging, manufacturing, warehouse/distribution.
11.1 acres of the site are pending for sale with an owner-user. The remaining acreage can be purchased in total, or split to smaller land areas.
Seller will complete some utility and roadway improvements as required by Salem, clearing a path to development for a Buyer. Infrastructure plans available to qualified Buyer prospects.
The property can also be developed and leased. Contact brokers for details.

Attachments

1940-2045 Hyacinth St NE | Sale Brochure

Property Facts

Price £7,203,021 Property Subtype Industrial
Sale Type Investment or Owner User Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Multifamily
  • Medical
No. Lots 1 Total Lot Size 26.07 AC
Property Type Land
Price £7,203,021
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Multifamily
  • Medical
Total Lot Size 26.07 AC

1 Lot Available

Lot

Price £7,203,021 Lot Size 14.97 AC
Price Per AC £481,164
Price £7,203,021
Price Per AC £481,164
Lot Size 14.97 AC

Land available for sale or lease in sizes between 3 - 14.97 acres. BTS, development services, and improved land sales also available. Seller is an industrial developer. Sale Price: $12/SF - $14/SF

Description

The property is located in North Salem, less than one minute to the Salem Parkway. The property is also located within the Enterprise Zone.

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1940-2045 Hyacinth St NE, Salem, OR - aerial map view - Image1
1940-2045 Hyacinth St NE, Salem, OR - aerial map view - Image2
1940-2045 Hyacinth St NE, Salem, OR - aerial map view - Image3

PROPERTY TAXES

Parcel Numbers
Multiple
  • 526027
  • 526006
  • 333582
  • 344009
  • 344025
 Improvements Assessment £0
Land Assessment £939,926 Total Assessment £939,926

PROPERTY TAXES

Parcel Numbers
Multiple
  • 526027
  • 526006
  • 333582
  • 344009
  • 344025
Land Assessment
£939,926
Improvements Assessment
£0
Total Assessment
£939,926

zoning

Zoning Code IC (Industrial Commercial, City of Salem)
IC (Industrial Commercial, City of Salem)
(503) 227-2500

  • Listing ID: 27264029

  • Date on Market: 07/12/2022

  • Last Updated:

  • Address: 1940-2045 Hyacinth St NE, Salem, OR 97303

The Land Property at 1940-2045 Hyacinth St NE, Salem, OR 97303 is currently available For Sale. Contact Macadam Forbes, Inc. for more information.

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1940-2045 Hyacinth St NE, Salem, OR for sale Aerial- Image 1 of 4
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1940-2045 Hyacinth St NE, Salem, OR for sale Aerial- Image 2 of 4
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1940-2045 Hyacinth St NE - 1940 & 2045 Hyacinth Street NE
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1940-2045 Hyacinth St NE - 1940 & 2045 Hyacinth Street NE

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Stu Peterson, SIOR

(503) 227-2500

(503) 227-2500

Clayton Madey

(503) 972-7277

(503) 972-7277

Nathan Getty

(503) 858-0049

(503) 858-0049

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