Prime Residential Development Land. 14.46 Acres.

1374 Royvonne Ave SE Salem, OR 97302

1374 Royvonne Ave SE, Salem, OR, 97302
1374 Royvonne Ave SE, Salem, OR, 97302
Property Type:
Residential Land Development
Last Verified:
Jan 29, 2019


  • Great South Salem location
  • 14.46 acres
  • Potential view lots
  • 2013 proposal showed 63 lots
  • Close to downtown and I-5
  • Minutes to shopping, restaurants, banks & public transportation
  • Property adjoins the Cambridge Sub-division on the East boundary


14.46 acres of prime residential development land. This property has the potential for views of Mt. Jefferson to the East and has a south and east facing slop. The 2013 proposal included 63 lot sub-division. Property has been surveyed. This is one of the best potential South Salem sub-division properties currently on the market. This is a well-located property 10 mins to downtown Salem and 5 mins to I-5.

Well-Located property in Southeast Salem. West off of Commercial St. SE on Royvonne Ave.
This property adjoins the Cambridge Sub-division on the East boundary.

Lot Size: 14.46 acres

Map of 1374 Royvonne Ave SE, Salem, OR, 97302

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.