~24 Acres Residential Development Land in Salem, OR
Single-Family, Senior Facility, Manufactured Home & More Possible

Sale Price: $4,260,000 ($177,500 / Gross AC)
Land Area: Approx. 24 Acres (29.68 Acres less ~5.5 Acres Retained by Ownership)

Property Features:
• Approximately 24 Acres of Prime Residential Development Land in the Heart of South Salem
• Family-Owned Property for 70+ Years
• Total Site is 29.68 Acres - Ownership to Retain Approx. 5.5 Acre Homestead Portion (See Page 4 of Brochure)
• Conceptual Plan for 127 Lots - See Page 5 of Flyer
• Opportunity for Planned Unit Development on Site
• Access to City Infrastructure (Water, Sewer, Electric, etc)
• RA (Residential Agriculture) Zoning Allows for Development of Single Family Detached Dwellings including Manufactured Dwelling (Subject to Approval), Townhome Development (Not More than 3 Units, Each on a Separate Platted Lot, May be Attached) and Senior Facility (Conditional)
• Minimum 4,000 Sq. Ft. Lot Size Requirement for Single Family Lots
• $420k+ Median Home Sale Price within 1.5 Miles (2017 Construction or Later; 3,000 - 7,000 SF Lots)

Location Features:
• Heart of South Salem between Commercial St. SE and Battle Creek Rd. SE
with Excellent Access Off the New I-5 Interchange via Kuebler Blvd and Battle Creek Rd SE
• Walking Distance to Green Space and Nationally-Anchored Retail Centers; Approx. 4 Miles to Downtown
• Convenient Location Close to Leslie Middle School, Judson Middle School, Morningside Elementary, Pringle Elementary, Pringle Creek, Hilfiker Park, Morningside City Park, Woodmansee Park
• Nearby Retail Highlights Include Trader Joe’s, Natural Grocers, Rite Aid, Walgreens, PETCO, WinCo Foods, KeyBank, MOD Pizza, Sherwin-Williams, QDOBA Mexican Grill, The Human Bean, The Original Pancake House, Big5 Sporting Goods, South Salem DMV, Physiq FItness
  Documents
FOR SALE
Pringle Road Residential Land
4540 Pringle Rd SE
Salem, OR 97302

Acres: 23
Type: LAND
Residential Land
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