Listed by COURTNEY CHANDLER • HOMESMART REALTY GROUP (Agent: 503-910-5202).
For sale
$889,000
Est. $5,008/mo —
Land
•
9.88
acres (lot)
Lot 1 River Rd N, Salem, OR 97303
About this home
Prime 9.88-acre agricultural commercial opportunity with excellent I-5 Access via River Rd. Sold as two separate Tax lots. Adjacent to the Southern Pacific Railroad with potential for a future rail spur (buyer to verify). Ideal for Ag processing, storage, distribution, and related businesses. Buyer to their due diligence to verify approved uses.
Vacant landProperty Type
9.88 acresLot Size
$89,980Price/Acres
Listed by COURTNEY CHANDLER• HOMESMART REALTY GROUP
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Vacant Land
County
Marion County
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Last updated by owner on Aug 13, 2026.
RM
LOCKHAVEN CENTER
RIVER-CHERRY OVERLAY DISTRICT
Medium Density Residential Zone
The RM Medium Density Residential Zone is primarily intended for multiple family development on a parcel, or attached dwellings on separate lots, at medium residential densities. Other uses compatible with residential development are also appropriate. RM zones are located in areas designated medium and high density residential in the comprehensive plan. They are suited to locations near commercial areas and along collector and arterial streets where limited access is necessary so that traffic is not required to travel on local streets through lower density residential areas.
Zone overlays
Lockhaven Center
River-Cherry Overlay District
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 92° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
13 unhealthy days expected this year, 14 days in 30 years
Provided by First Street
Historical weather
Salem, OR • 97303
Average low and high temperatures (°F)
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37
57
42
64
43
70
48
77
53
84
57
85
59
77
54
64
46
53
42
50
40
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Redfin Estimate for Lot 1 River Rd N
There isn’t enough information to generate an accurate estimate at this time. Learn More
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