Off Market Feb 2021 for $9.5M
$90,667
Est. refi paymentEst. refi $50,601/mo
Land
6,491
sq ft (lot)

2465 Wallace Rd Nw, Salem, OR 97304

map-entry

About this home

2465 Wallace Rd Nw is a vacant land on a 6,491 square foot lot. - it last sold on February 26, 2021 for $9,500,000. Based on Redfin's Salem data, we estimate the home's value is $90,667.
Vacant landProperty Type
6,491 sq ftLot Size
$14Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$90,667
$9.4M since sold in February 2021$1,000 since August

This home's estimate is 80.8% lower than the average sale price ($473K) of 6 comparable homes.

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Market trends in 97304, OR

Sale history for 2465 Wallace Rd Nw

Tax history for 2465 Wallace Rd Nw

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

CR

Commercial Retail Zone

The purpose of the Commercial Retail (CR) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards. The CR zone generally allows a wide array of retail sales and office uses.
Permitted uses

Include but are not limited to:

  • Automotive repair garage
  • Bank
  • Day care facility
  • General retail
  • Restaurant
  • Housing-Single unit
  • Housing-Multiple units
  • Housing-Senior
  • Office
  • Research & development

Property details

Around this home

Schools

Harritt Elementary School

Public K-5 • Assigned • 0.3mi

5/10
Walker Middle School

Public 6-8 • Assigned • 1.5mi

4/10
West Salem High School

Public 9-12 • Assigned • 1.3mi

6/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

Flood Factor

We're working on getting current and accurate flood risk information for this home.

Fire Factor

We're working on getting current and accurate fire risk information for this home.

Heat Factor

We're working on getting current and accurate heat risk information for this home.

Wind Factor

We're working on getting current and accurate wind risk information for this home.

9/10 Air Factor

12 unhealthy days expected this year, 12 days in 30 years

Provided by First Street

Historical weather

Salem, OR • 97304
Average low and high temperatures (°F)
46
34
48
36
55
41
63
42
68
46
75
51
83
54
83
57
76
53
62
44
51
41
48
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 9.9 hours in June and 2.1 hours in December, placing it below the U.S. average for solar exposure.

9.9 hrs
2.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$87,000 – $105,000

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GreatSchools Ratings provided by GreatSchools.org.