NW Wallace Rd, Salem, OR 97304

Local realty services provided by:Knipe Realty ERA Powered
NW Wallace Rd,Salem, OR 97304
$2,075,000
  • 9.12 Acres
  • Lots / Land
  • Active
Listed by: david keys
Office: norris & stevens investment real estate services
MLS#:468567809
Source:PORTLAND

Price summary

  • Price:$2,075,000

About this home

This offering presents a prime 1.82 and 7.30-acre parcel of Residential Medium Density (RM2) zoned land located in the rapidly growing West Salem neighborhood, directly adjacent to the highly anticipated Marine Drive corridor. With proximity to major transportation routes, expanding infrastructure, and a thriving local community, this site offers significant potential for multifamily development in one of the most promising areas of Salem,Oregon.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:468567809
  • Added:382 day(s) ago
  • Updated:February 17, 2026 at 06:23 PM

Structure and exterior

  • Lot area:9.12 Acres

Schools

  • High school:West Salem
  • Middle school:Straub
  • Elementary school:Harritt

Utilities

  • Water:Water Available

Finances and disclosures

  • Price:$2,075,000
  • Tax amount:$1,522 (2024)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: February 17, 2026

New listings near NW Wallace Rd