Development property

Kenwood Avenue Northeast Salem, OR 97301

Kenwood Avenue Northeast, Salem, OR, 97301
Kenwood Avenue Northeast, Salem, OR, 97301 Kenwood Avenue Northeast, Salem, OR, 97301
FOR SALE
Property Type:
Residential Land Development
Amount:
$275,000
Last Verified:
Nov 11, 2025

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Highlights

  • Great flat lots
  • All services available.
  • Single Family Residential or possible Multi-family.

Description

Unique property for development of 7 residential lots. 2.31 AC of development land on old RR grade. This property could be developed though Marion County as the property is in the county.

Located in Salem, OR, the area surrounding the property offers a thriving business environment and an array of amenities. Just moments away from the heart of downtown, this location provides easy access to popular attractions such as the Oregon State Capitol, Riverfront Park, and Willamette University. With a growing tech and manufacturing sector, Salem presents a compelling investment opportunity for office and office building investors seeking a dynamic market with great potential. The area's diverse dining scene, cultural events, and proximity to nature make it an enticing destination for businesses and professionals alike.

Lot Size: 2.31 acres

Map of Kenwood Avenue Northeast, Salem, OR, 97301

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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.