2001 Wallace Rd NW
- Close proximity to I-5, downtown Salem, and Salem Airport
- Near major roads and transportation routes
- Strong local housing demand driven by population growth
- Located in the Willamette Valley with steady regional expansion
Property Description
• ± 1.88 AC and ± 7.24 AC parcels • Zoned RM2 – Residential Medium Density • Approximately 250-unit multifamily development potential • Public utilities at the site along with some street improvements
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $1,975,000 |
| Lot Size: | 9.12 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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