Commercial Agricultural Property with potential Railway spur of Southern Pacific Railway on East side of Property. Great Property for Agricultural Uses possible including Ag Product Receiving station, Ag Equipment Sales Yard, Ag Truck parking yard, or other Ag uses. Buyer to do own due diligence for Railway spur and Agricultural Uses.
Property Details
Property Features
Listing Office:
Office Name: Silverado Properties LLC
Office Phone: (503) 991-1242
Listing Agent: David Schiedler
Exterior Features
Exterior Information:
View: Territorial
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot: Cleared
Lot Size: 9.78 Acres
Other
Directions Information:
Directions: I-5 to Brooklake Rd West to River Road South to Property
Price Information
Listing Price Info
Price Summary:
List Price: $1,000,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Salem, OR.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/4/2024, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,058
Per Month
Principal & Interest
$4,991
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,065
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Independence Elementary School
150 S 4th St
Distance between this listing and this school1.34 miles
Public District Grades KG-5
4
/10
Ash Creek Elementary School
1360 N 16th St
Distance between this listing and this school2.64 miles
Public District Grades KG-5
5
/10
Monmouth Elementary School
958 Church St E
Distance between this listing and this school2.98 miles
Public District Grades KG-5
Nearby Schools
3
/10
Talmadge Middle School
51 S 16th St
Distance between this listing and this school2.38 miles
Public District Grades 6-8
4
/10
Crossler Middle School
1155 Davis Rd S
Distance between this listing and this school5.42 miles
Public District Grades 6-8
5
/10
Judson Middle School
4512 Jones Rd SE
Distance between this listing and this school6.68 miles
Public District Grades 6-8
Nearby Schools
6
/10
Central High School
1530 Monmouth St
Distance between this listing and this school2.28 miles
Public District Grades 9-12
9
/10
Sprague High School
2373 Kuebler Rd S
Distance between this listing and this school5.24 miles
Public District Grades 9-12
7
/10
South Salem High School
1910 Church St SE
Distance between this listing and this school8.19 miles
The neighbors living near this home have an average income of $88,347. Residents of Salem, OR typically earn between $35k-100k each year. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Salem, OR
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Salem, OR?
Salem's housing market offers a diverse array of options, with single-family homes being a significant presence, reflecting a mix of architectural styles from classic bungalows to contemporary designs. The market also includes a selection of apartments and townhouses, accommodating various preferences and lifestyles. The majority of homes were constructed in the latter half of the 20th century, with a homeownership rate that underscores a stable residential community.
Is Salem, OR a good place to live?
Salem prides itself on a vibrant community spirit, underscored by events such as the annual Oregon State Fair and numerous cultural festivals that reflect the city's rich heritage. The city's character is further defined by its scenic parks and commitment to preserving its historical roots, offering residents a blend of urban amenities and quaint, small-town charm.
Are things conveniently located in Salem, OR?
The community is served by a robust educational system, including a range of public and private schools that cater to various educational needs. Healthcare services are comprehensive, with several hospitals providing emergency, primary, and specialized care. Public libraries are well-distributed, supporting the community's educational pursuits. Retail and dining options are plentiful, showcasing local flavors and contributing to Salem's unique cultural landscape.
What does the transportation in Salem, OR look like?
Salem features a practical transport infrastructure, with a network of roads and highways that facilitate travel and commuting. Public transit options are available, providing residents with alternatives to private vehicle use. The city's walkability varies by area, with certain neighborhoods offering more pedestrian-friendly environments. Bike paths and lanes are also part of the city's commitment to sustainable transport.
Frequently Asked Questions About River Rd
What is the listing price of this property?
The listing price of River Rd property is $1,000,000.
What type of property is this?
The property River Rd is land located in Salem, Oregon, 97303.
Is this property for sale now?
Active Listing: River Rd is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at River Rd in Salem, OR and zip code 97303. This home sits on a 9.78 acre lot. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $1,000,000.
Salem, OR housing market in November 2024 saw over 20 listings sold above listed price, more than 24 sold at listed price and over 23 sold below. The number of homes for sale in Salem, OR decreased by 11% between October 2024 and November 2024. While the average time on the market in November 2024 was 50 days, the median list price was $435,000.
From Rocket Homes Real Estate and based on county public records data.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon. 
Hunting
Hunting
Figure Skating
NASCAR
Dillards
Dick's Sporting Goods
Wal-Mart
Cracker Barrel
Texas Roadhouse
Hardee's
Cadillac
Subaru
Ram
News/Talk/Information
New Country
Classic Country