3005 Portland Rd NE Salem, OR 97301
Northgate NeighborhoodEstimated payment $1,965/month
About This Lot
Consisting of five tax lots totaling approximately .53 acres, is ideally situated near I5and boasts urban renewal incentives. With its advantageous location and IC zoningwith Portland/Fairgrounds Overlay, this offering holds immense potential fordevelopment.Urban Renewal allows for a 1:1 match of applicable expenses (see link for details).Example: $600,000 is spent on applicable costs, Buyer can get up to $300,000reimbursed. Buyer to confirm terms and stipulations with the city. Nearby, you'll find the Oregon State Capitol, Salem Convention Center, and Riverfront Park, providing prime access to government, business, and recreational facilities. The area also benefits from the North Gateway Grant Program, offering financial incentives for property improvements and business development. Enjoy a variety of dining options, local shops, and easy access to major transportation routes, including the I-5,just a short distance away.
Property Details
Property Type
- Land
Est. Annual Taxes
- $244
Lot Details
- 0.53 Acre Lot
- Property is zoned IC
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $244 | $12,660 | $12,660 | -- |
| 2023 | $241 | $12,300 | $12,300 | $0 |
| 2022 | $228 | $11,950 | $0 | $0 |
| 2021 | $221 | $11,610 | $0 | $0 |
| 2020 | $215 | $11,280 | $0 | $0 |
| 2019 | $208 | $10,960 | $0 | $0 |
| 2018 | $212 | $0 | $0 | $0 |
| 2017 | $191 | $0 | $0 | $0 |
| 2016 | $182 | $0 | $0 | $0 |
| 2015 | $183 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | For Sale | $365,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $50,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $62,500 | Commercial |
Source: Willamette Valley MLS
MLS Number: 832067
APN: 526410
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. WVMLS Member Broker: Arlene Richardson
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