2010 Audubon Ave - Lot 137 at Pringle Creek Community 1.3 Acres of Commercial Land Offered at $300,000 in Salem, OR 97302

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.

PROPERTY FACTS

Price $300,000
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
Zoning FMU

1 LOT AVAILABLE

Lot 137

Price $300,000
Price Per AC $230,769.23
Lot Size 1.30 AC

Opportunity Zone

Bike Score®
Very Bikeable (70)

PROPERTY TAXES

  • Listing ID: 26305866

  • Date on Market: 8/1/2022

  • Last Updated:

  • Address: 2010 Audubon Ave, Salem, OR 97302