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2010 Audubon Ave - Lot 137 at Pringle Creek Community

1.3 Acres of Commercial Land Offered at $325,000 in Salem, OR 97302

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Investment Highlights

Located in an Opportunity Zone
Close to I5
Sustainable Community With Many Shared Features

Variety of Permitted Uses in FMU Zoning
Multi-Family Options

Executive Summary

Commercial lot available in the desirable and sustainable Pringle Creek Community. Located in an Opportunity Zone allowing for the possibility of certain tax benefits. Zoned FMU which allows for a variety of permitted uses, including mixed-use, office space, health & education services, group living, retail sales & service, laboratory testing, recreation, entertainment, construction, maintenance, health services, and more. Multi-family residential is also allowed which includes townhomes, apartments, cottage clusters, duplexes, etc. Design concepts in this document are for either thirteen 1,000 SF residential cottages or 14,400 SF of office space over four 3,600 SF office suites. Concepts are for marketing purposes only and the buyer will need to do their own due diligence.

Discount Pricing Info

Property Facts

Price	$325,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Retail Office Mixed Use Multifamily
No. Lots	1	Total Lot Size	1.30 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$325,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Mixed Use Multifamily
Total Lot Size	1.30 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.