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Land for Sale in Salem, Oregon

1990 Wallace Rd NW, Salem, OR 97304

$5,000,000
12.4 acres
Active
Est $34,139/mo

Developent opportunity. Sale includes Polk county tax IDs 314820, 314846, 354776. Marine drive will split parels 314820 and 314864. West sides of parcels offer portential for multiple development uses- east sides are outside the urban growth boundary and partially in the flood plane. Parcel 354776 is paved access off Wallace Rd. Two existing wells and Existing barn on property.

Location

Street address
1990 Wallace Rd NW
Elevation
190 feet
Coordinates
45.0908, -123.0952

Property details

Acreage
12.36 acres
Zoning
SR/EFU
MLS #
RMLS 23414635
Posted

Property taxes

Recent
$147 - 731500 501

Parcels

  • 314820
  • 314846

Details and features

Listing

Type
Land

Lot

View
Territorial
Waterfront
River Front

Nearby schools

NameLevelDistrictDescription
HarrittElementary
WalkerMiddle
West SalemHigh

Listing history

DateEventPriceChangeSource
Dec 3, 2025Price added$5,000,000RMLS
Nov 21, 2025Price removed$—RMLS
May 2, 2025Price increase$5,000,000$4,050,000 426.3%RMLS
Sept 13, 2024New listing$950,000RMLS
Feb 23, 2024Listing removed$950,000Listing agent
Nov 10, 2023New listing$950,000RMLS
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This 12.36-acre property is located at 1990 Wallace Rd NW in Salem, OR 97304. The property is available for sale for $5,000,000 with a price per acre of $404,531.

Checked 24 mins ago — Updated

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