SOLD | 3.4 Acres Wallace Rd NW, Salem
Details | |
Acres | 3.40 |
Price | $425,000 |
Zoned | RM2 |
Price Reduced! 3.4 Acres Zoned RM2. Two tax lots #575143 consisting of 2.54 Acres and #575144 consisting of 0.86 Acres. RM2 Zone allows for multi family development up to 28 units / acre (subject to City of Salem approval). Seller has current plans for 42 units on tax lot #575143. Buyer to complete all due diligence on potential development.
SMI Real Estate, Jordan Sparks, Broker Licensed in the State of Oregon represented the Buyer and Seller in this transaction.