$700,000
SOLD JAN 23, 2025

3271 Lancaster Dr NE Salem, OR 97305

North Lancaster Neighborhood
0.64 Acre
$1,093,750 Price per Acre
27,878 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

7% Below List Price

401 Days on Market

About This Lot

As of January 2025

Commercial / Retail development lot with high exposure and traffic counts on Lancaster Dr NE next to Dairy Queen and Howard Commons Apartments. Buyer to perform all development and access due diligence with the City of Salem and Marion County. One of the last remaining developable lots on Lancaster Drive! The property contains a billboard with an existing lease in place.

Last Agent to Sell the Property

Ryan Brush

SMI REAL ESTATE License #201247424

SMI REAL ESTATE

Co-Listed By

Gabe Johansen

SMI REAL ESTATE License #201202003

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,193

Year Built

  • 1973

Lot Details

  • 0.64 Acre Lot
  • Property is zoned CR

Listing and Financial Details

  • Tax Lot 3

Property Details

Property Type

Land

Est. Annual Taxes

$7,193

Year Built

1973

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Lot (Under 1 Acre)
  • Syndicated Remarks: Commercial / Retail development lot with high exposure and traffic counts on Lancaster Dr NE next to Dairy Queen and Howard Commons Apartments. Buyer to perform all development and access due diligence with the City of Salem and Marion County. One of the last remaining developable lots on Lancaster Drive! The property contains a billboard with an existing lease in place.
  • Cross Street: Devonshire
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1973

Interior Features

  • Price Per Sq Ft: 1093750
  • Price Per Sq Ft: 27.09

Lot Info

  • Acres: 0.64
  • Estimated Lot Sq Ft: 27690
  • Lot: 3
  • Price Per Acre: 1171875
  • Zoning: CR
  • Geo Subdivision: OR
  • Map Parcel Number: 559274 / 072W18BB06000

Tax Info

  • Tax Years: 2023-2024
  • Tax Account Number: 559274
  • Tax Amount: 7193

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Sold $700,000 -6.7% $86 / Sq Ft
07/03/2024 07/03/24 Off Market $750,000 -- --
12/19/2023 12/19/23 For Sale $750,000 -- $92 / Sq Ft
Source: Willamette Valley MLS

Source: Willamette Valley MLS

MLS Number: 811982

Willamette Valley MLS

Oregon Marion County Salem 97305 North Lancaster

3271 Lancaster Dr NE, Salem, OR

Homes for Sale in Salem, OR

This home is located at 3271 Lancaster Dr NE, Salem, OR 97305 and is currently priced at $700,000, approximately $86 per square foot. This property was built in 1973. 3271 Lancaster Dr NE is a home located in Marion County with nearby schools including Hayesville Elementary School, Waldo Middle School, and McKay High School.

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.

Willamette Valley MLS 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