Desirable Small Industrial Lots

Listing was updated at: 08/12/2019
Property Overview
Price/Rent PSF $ 383,328.00
Asset Type Land
Trade Type Sale
Acres Available 8.80
Date Available 08/12/2019
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The Salem Business Campus is a 68 acre master planned industrial community originally targeting technology and renewable resource manufacturing opportunities by the City of Salem. This land is within that campus and is surplus land adjacent to the former Panasonic solar facility. The property is adjacent to Highway 22 and just 3 miles from Interstate 5 and less than 5 miles from Salem Municipal Airport. The land is directly across Highway 22 from Mill Creek Commerce Center the home to a Home Depot rapid deployment center, Henningson Cold Storage, PacTrust, FedEx and a new one million square foot Amazon fulfillment center. A clover leaf interchange at Highway 22 and Kuebler Blvd is approved and awaiting funding. World wide accessibility by rail, ship, air and truck. The state of Oregon has the fifth largest export-supported employment.

The subject property is approximately 8.8 acres of surplus land adjacent to the former Panasonic solar facility in SE Salem scheduled to be subdivided into four (4) parcels of 2.2 acres each. Sellers are working on a rezoning from IBC (current) to IC to allow for more uses.

This property lies within the Salem Business Campus planned development and features significant infrastructure. The PGE Culver substation lies just north of the property with 13 KV and 115 KV lines nearby. The City has water capacity from both 16' & 20" lines combined with 16" sewer line capacity. Four data providers can deliver speeds between a gigabyte and a terabyte.