Excellent irrigated farm tract just north of Salem. Water rights from Willamette River with easement. Level with approximately 77 acres tillable. Existing homestead and Polk County indicates that a replacement dwelling will be allowed. Interested parties to verify with Polk County Planning Department - Seller does not warranty or guarantee buildability. Adjacent 16 ac riverfront parcel also available.
Vacant landProperty Type
82 acresLot Size
$13,785Price/Acres
Listed by Brett Veatch• Berkshire Hathaway HomeServices NW Real Estate
Bought with Brett Veatch• Berkshire Hathaway HomeServices NW Real Estate
Excellent irrigated farm tract just north of Salem. Water rights from Willamette River with easement. Level with approximately 77 acres tillable. Existing homestead and Polk County indicates that a replacement dwelling will be allowed. Interested parties to verify with Polk County Planning Department - Seller does not warranty or guarantee buildability. Adjacent 16 ac riverfront parcel also available.
RMLS #22475216
Dec 20, 2022
Pending
—
Dec 16, 2022
Sold
$1,100,000
Aug 5, 2022
Listed
$1,450,000
Year
Property tax
Land + Additions
Assessment*
2025
$820 (−53.3%)
$72,240
2024
$1,756 (+51.8%)
$74,142 + $80,710
$154,852
2008
$1,157
$53,378 + $56,540
$109,918
Tax history for 5435 Wallace Rd NW
Year
Property tax
Land + Additions
Assessment*
2025
$820 (−53.3%)
$72,240
2024
$1,756 (+51.8%)
$74,142 + $80,710
$154,852
2008
$1,157
$53,378 + $56,540
$109,918
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
82 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Polk County
APN
265902
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
Property details
Exterior
Waterfront Information
Waterfront YN: No
Other Structures
Other Structures: Barn(s), Storage
Lot Information
Land Description: Level
Lot Size Square Feet: 3,571,920
Lot Size Range: 50 to 99.99 Acres
Lot Size Dimensions: See Plat Map
Lot Size Acres: 82
Lot Size: 50 to 99.99 Acres
Parcel Number: 265902
Soil Condition: Native
Road Frontage YN: Yes
Road Surface Type: Paved
Property Information
Property Type: Land
Property Attached YN: No
Current Use: Agricultural
Manufactured Home Allowed YN: Yes
View YN: Yes
View Description: Territorial
Financial
Tax Information
Tax Year: 2021
Tax Legal Description: See Preliminary Title Report
Tax Annual Amount: $1,605.86
Utilities
Utility Information
Green Certification YN: No
Internet Service Type: Other
Utilities: Electricity Available, Irrigation Water Available
Heating & Cooling
Heating YN: No
Cooling YN: No
Location
School Information
Elementary School: Brush College
Middle Or Junior School: Walker
High School: West Salem
Location Information
Directions: Approximate 6 miles north of Salem on West Side of Road, South of Lincoln
Unparsed Address: 5435 WALLACE RD NW, Salem, OR 97304
Community Information
Zoning: EFU
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 82 acres
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Polk County
APN: 265902
Home facts updated by county records on Sep 2, 2026
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
Around this home
Schools
Brush College Elementary School
Public K-5 • Assigned • 2.8mi
7/10
Straub Middle School
Public 6-8 • Assigned • 3.6mi
5/10
West Salem High School
Public 9-12 • Assigned • 3.7mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 92° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
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 9.7 hours in
June and 2.1 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
2.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.07M – $1.30M
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