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May 24, 2018

Land For Sale in Salem, Oregon

Property # 1175121 Available $1,584,000.00

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   Property Information

Property Sub-TypeMulti-Family
Other Landn.a.
Property NameLand for Sale - 8.8 acres
Property Address 13311 Marietta St. SE
Property Address 2n.a.
Property Town/CitySalem
Property CountyMarion
Property StateOregon
Property ZIP/Postal Code 97302
MLS #n.a.
Lot Size Sq. Ft.383,328
Lot Frontage Ft.n.a.
Lot Depth Ft.n.a.
No. Lotsn.a.
Current UseVacant/Owner-Used
Best UseApartments
Environmental Issuesn.a.
Property Description The multi-family vacancy factor for 2016 was a mere 1.83% according to leading appraisal firm Powell Banz Valuation, LLC making the demand for serviced apartment land extremely high. SVN Commercial Advisors is pleased to present this two(2) parcel, 8.8 acre land opportunity... [email for more info]
Area DescriptionAdjacent to Interstate 5 on the south end of Fairview Industrial Drive. Less than two minutes to I-5 and very close to employment hubs like Fairview Industrial Park, Mill Creek Commerce Center - the largest tract of serviced industrial land for sale on the I-5 corridor betw... [email for more info]

   Financial Information

Sales Price $$1,584,000.00
Gross Revenue $n.a.
Total Expenses $n.a.
Taxes $n.a.
Net Operating Income $n.a.
Cap Rate0.00%
Price Per Sq. Ft. $$4.13
Year Endingn.a.
1031 Exchange?n.a.

   Major Tenants

Tenant #1n.a.
Sq. Ft. #1n.a.
Lease Ends #1n.a.
Tenant #2n.a.
Sq. Ft. #2n.a.
Lease Ends #2n.a.
Tenant #3n.a.
Sq. Ft. #3n.a.
Lease Ends #3n.a.
Tenant #4n.a.
Sq. Ft. #4n.a.
Lease Ends #4n.a.
Tenant #5n.a.
Sq. Ft. #5n.a.
Lease Ends #5n.a.

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