3950 Bartholomew Pl - Lot57 The Pavilion at Pringle Creek Community 0.58 Acres of Commercial Land Offered at £177,138 in Salem, OR 97302

INVESTMENT HIGHLIGHTS

  • Located in an Opportunity Zone
  • Close to I5
  • Sustainable Community With Many Shared Features
  • Variety of Permitted Uses in FMU Zoning
  • Multi-Family Options

EXECUTIVE SUMMARY

Commercial lot available in the desirable and sustainable Pringle Creek Community. Located in an Opportunity Zone allowing for the possibility of certain tax benefits. Zoned FMU which allows for a variety of permitted uses, including mixed-use, office space, health & education services, group living, retail sales & service, laboratory testing, recreation, entertainment, construction, maintenance, health services, and more. Multi-family residential is also allowed which includes townhomes, apartments, cottage clusters, duplexes, etc. Potential for 16-18 residences and a 2,000 SF retail or office space. Property can connect to the community geothermal loop system. Great potential energy savings!

PROPERTY FACTS

Price £177,138
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
Total Lot Size 0.58 AC
Opportunity Zone Yes
Zoning FMU

1 LOT AVAILABLE

Lot 57

Price £177,138
Price Per AC £305,807.89
Lot Size 0.58 AC

Additional pricing discounts available.

PROPERTY TAXES

  • Listing ID: 26305872

  • Date on Market: 01/08/2022

  • Last Updated:

  • Address: 3950 Bartholomew Pl, Salem, OR 97302