By signing in, you agree with: Terms & Conditions, Privacy Policy and Copyright



Description
Five tax lots being combined into one (1) - .87 acre development parcel just south of the hospital and in a growing area of medical development. This is the best medical development parcel in Salem as it has preliminary drawings and engineering for a two-story, 16,200 sq. ft. office building with 72 onsite parking spaces. That ratio of 4.4 per 1,000 SF is outstanding for medical.
This site is located less than one mile from the local hospital and is very close to downtown Salem and very convenient to I-5. The site is flat with all utilities in the street.
Highlights
87 acres of Industrial Commercial (IC) zoned land
Commercial office, retail and light industrial uses allowed
Preliminary design for a 16,200 SF office with 72 parking spaces
Surrounding businesses include Silver Falls Dermatology, Cherry City Interiors, and Salem Pediatric.
| Month | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
| Total Population | 12,046 | 97,219 | 208,326 | |
| Population Median Age | 38 | 38 | 37 | |
| Population by Age | 0-9 Yrs | 1341 (11%) | 11005 (11%) | 26961 (12%) |
| 10-19 Yrs | 1461 (12%) | 13470 (13%) | 28891 (13%) | |
| 20-29 Yrs | 2078 (17%) | 14500 (14%) | 32089 (15%) | |
| 30-39 Yrs | 1760 (14%) | 14070 (14%) | 29542 (14%) | |
| 40-49 Yrs | 1591 (13%) | 12297 (12%) | 25148 (12%) | |
| 50-59 Yrs | 1440 (11%) | 11424 (11%) | 23519 (11%) | |
| 60-69 Yrs | 1421 (11%) | 11560 (11%) | 23545 (11%) | |
| 70+ Yrs | 954 (7%) | 8894 (9%) | 18629 (8%) | |
| Median HH Income | $50,392 | $52,641 | $55,438 | |
| Total Household Income | < 24K | 1108 (22%) | 7970 (21%) | 15010 (20%) |
| 25-49K | 1315 (26%) | 9514 (26%) | 19010 (25%) | |
| 50-74K | 1025 (20%) | 6336 (17%) | 14387 (19%) | |
| 75-99K | 580 (11%) | 4758 (13%) | 9779 (13%) | |
| 100-199K | 728 (14%) | 6580 (18%) | 13952 (18%) | |
| 200K+ | 129 (2%) | 1190 (3%) | 2486 (3%) | |
| Highest Education Level | No Diploma | 650 | 7989 | 19156 |
| Diploma or GED | 1961 | 16240 | 33626 | |
| Some College | 2458 | 17815 | 37006 | |
| Assoc. Degree | 650 | 5297 | 11434 | |
| Bachelors Degree | 1540 | 11470 | 22056 | |
| Higher Degree | 1003 | 6776 | 13154 | |
| Total Housing Units | 5,289 | 39,172 | 79,560 | |
| --Owner-Occupied | 2,089 | 18,165 | 39,588 | |
| --Renter-Occupied | 2,796 | 18,182 | 35,037 | |
| Owner-Occupied Values | < 100K | 51 | 1248 | 3137 |
| 100-199K | 688 | 5538 | 10915 | |
| 200-299K | 869 | 6657 | 14635 | |
| 300-399K | 332 | 2916 | 6384 | |
| 400-499K | 104 | 1041 | 2474 | |
| 500K+ | 45 | 766 | 2043 | |
| Total Working Age Population | 9,850 | 78,292 | 164,263 | |
| In Work Force | 6,478 | 48,077 | 101,978 | |
| Not In Work Force | 3,372 | 30,215 | 62,285 | |
| Workforce Employed | 6,051 | 45,237 | 95,811 | |
| Workforce Unemployed | 415 | 2,757 | 6,059 | |
| Civlian Workforce | 6,466 | 47,995 | 101,870 | |
| Military Workforce | 12 | 83 | 109 | |
| Total Households | 4,885 | 36,348 | 74,625 | |
| Family Households | 2,767 | 21,272 | 47,315 | |
| Non-Family Households | 2,117 | 15,076 | 27,310 | |
| Married Couple | 1,816 | 14,953 | 33,104 | |
| Other Family | 951 | 6,319 | 14,211 | |
| Married w/Child | 644 | 5,959 | 13,794 | |
| Single Male w/Child | 126 | 853 | 2,082 | |
| Single Female w/Child | 315 | 2,655 | 5,834 | |
Population Change Last Two Decades - Plus Projection
| 2000 | % | 2010 | % | 2020 | % | 2030 | |
|---|---|---|---|---|---|---|---|
| Oregon | 3,421,399 | +12 | 3,831,074 | +11 | 4,264,810 | +11 | 4,727,438 |
| Marion County | 284,834 | +11 | 315,335 | +11 | 350,125 | +11 | 388,420 |
| Polk County | 62,380 | +21 | 75,403 | +13 | 85,012 | +16 | 98,501 |