Alex Rhoten

$1,074,000

1.21 Acres

Salem, Oregon, 97306

Sought after 1.21 gross acres on the corner of Madras andCommercial St SE - high visibility near a signalized intersection.Site has a SW slope and contains fill from the adjacent site, theBuyer to complete due diligence on the use or removal of fill. Thesite has a 30 Ft wide access easement along the west side of theproperty line (approximately 8,218 +/- SF) + green space betweenthe road and the property line (approximately 12 Ft wide / 2650+/- SF). Net usable size is estimated at 41,839.23 SF - Buyer toindependently verify and complete Buyers own due diligence.

$365,000

0.53 Acres

Salem, Oregon, 97301

Consisting of five tax lots totaling approximately .53 acres, is ideally situated near I5and boasts urban renewal incentives. With its advantageous location and IC zoningwith Portland/Fairgrounds Overlay, this offering holds immense potential fordevelopment.Urban Renewal allows for a 1:1 match of applicable expenses (see link for details).Example: $600,000 is spent on applicable costs, Buyer can get up to $300,000reimbursed. Buyer to confirm terms and stipulations with the city.