5559 Lone Oak Rd SE, Salem, OR 97306 | 785447 | Berkshire Hathaway HomeServices Real Estate Professionals
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5559 Lone Oak Rd SE $3,200,000

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    5559 Lone Oak Rd SE Salem, OR 97306

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    $3,200,000

    Market Estimate
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    • 13.32 Acres
    • Land
    • MLS# 785447
    5559 Lone Oak Rd SE, Salem, OR 97306
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    Listing provided courtesy of: COLDWELL BNKR/COMMERCIAL DIV
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    Views: 98 Days On Site: 285

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    Property Details

    This is an assemblage of 3 separate tax lots (700,800 & 900). All must be sold together. Please see additional properties details in the documents sectionsSelling in As Is Where Is conditionPlease do not disturb tenants

    • General Features
      • Type Land (1+ Acre)
      • Status Note ACTIVE
      • Suitable For Commercial, Multi-Family, Single Family Residence
      • Corners Not Flagged
      • Terms Cash, Conventional
      • County Marion
      • Approved for Manufactured Home Unknown
    • Building Features
      • Electricity Available
      • Cable Tv Available
      • Telephone Available
      • High Speed Communications Available
    • Room Features
      • Access Paved
    • Property Features
      • Acres 13.32
      • Sewer Available Yes
      • Septic Type Other (Refer to Remarks)
      • Outbuildings Other (Refer to Remarks)
      • Natural Gas Available
      • Lot Type Irregular
      • Water Rights No
      • Flood Plain Unknown
      • Water City, Connected
    • American Home Shield - Be sure with the Shield.

    Neighborhood

    97306 (Salem) Demographics

    38 Median Age
    969 Population Density (per sq. mile)
    51% College Educated
    $71,775 Estimated Median Income
    8,289 Estimated Total Home Owners
    4,098 Estimated Total Renters
    67% / 33% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    32,741 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $490,000 Median Sales Price
    67 Homes Sold
    110 New On Market

    Average Days on Site

      Properties for Sale
        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,200,000
        10/28/2021 11:29:00 AM New in Database Source: Multiple Listing Service New Value: $3,200,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        MLS Logo Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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