Lot 2 - Turner Rd Development

For Sale

5465 Turner Road SE, Salem, OR 97317

This Salem property for sale is located at 5465 Turner Road SE. The current listed sale price for Lot 2 - Turner Rd Development is $6,800,000. Lot 2 - Turner Rd Development is situated on a lot that is 72 acre in size.

Contacts

Dave Smith

Tradition Real Estate Partners

Property Details

  • Property Type VacantLand
  • Lot Size 72 Acre
  • Date Updated May 16, 2026
The MU-II (Mixed Use-II) zoning in Salem, Oregon, is a versatile designation tailored for dynamic, pedestrian-oriented developments that blend residential, commercial, and office spaces seamlessly. Perfect for forward-thinking investors and developers, this zone encourages vibrant, walkable neighborhoods where people can live, work, and shop in close proximity, enhancing community vitality and economic growth. Key highlights include flexible allowances for multi-family housing, retail outlets, professional offices, and service-based businesses, all within structures that promote urban density and street-level engagement. Development standards create inviting streetscapes, generous building heights for multi-story projects, and adaptable lot coverage options that maximize site potential while supporting sustainable design. Situated in strategic corridors throughout Salem, MU-II properties offer high visibility, excellent accessibility, and the potential for high-return mixed-use projects that capitalize on the city's expanding market—ideal for transforming underutilized lots into thriving hubs of activity.Prime Development Opportunity inside the City of Salem limits. Discover a rare opportunity within this expansive 390-acre property, the last and largest of its kind within the City boundaries. The site is situated just 7 miles southeast of downtown Salem, and shows off with a unique blend of rural tranquility, impressive natural features, and suburban convenience. The property is neighbors to Turner Lake and Corban University with easy access to major amenities including an airport and big box retail. Seize the chance to shape the future of this evolving rural-suburban area. Whether you're looking to invest in a premier development project or seeking a strategic partnership, this property promises unparalleled potential. This property offers flexible MU-II zoning with several structures including the historic Mill Creek Prison facility, barns, warehouses, and residential structures.
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Highlights

  • 10,608SF Warehouse
  • 15,212SF Outbuildings
  • 22,282SF Prison
  • 38.57 Useable Acres
  • 72 Acres
  • BUYER INCENTIVES AVAILABLE WITH 100% SELLER FINANCING
  • Comprehensive plan and zone change - COMPLETED
  • MU-II Zoning
  • Topography and Boundary Surveys, Tree Survey, Traffic Study -COMPLETED

Getting around

  • 16/100

    Transit Score ®

  • 16/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Salem, OR
  • Neighborhood Southeast Mill Creek
  • Zip Code 97317
  • Market Eugene

Points of Interest

  • Salem

    4.76 miles

  • Costco Gasoline

    1.70 miles

  • Blink

    1.96 miles

  • Safeway Fuel Station

    2.46 miles

  • Space Age

    2.61 miles

  • Shell

    2.73 miles

  • Chevron

    2.75 miles

  • 76

    2.81 miles

  • Tesla Supercharger

    3.56 miles

  • ChargePoint

    3.69 miles

  • WalMart South Park and Ride

    2.59 miles

  • Sunnyside/Turner Interchange Park and Ride

    2.86 miles

  • Rite Aid Park and Ride

    3.05 miles

  • Woodmansee Parking Lot

    3.18 miles

  • Christ the Good Shepherd Lutheran Church Park and Ride

    3.62 miles

  • Airport Road Park and Ride

    3.65 miles

  • Grace Baptist Church Park and Ride

    3.71 miles

  • State of Oregon Shuttle Mail Hub

    3.75 miles

  • Postal Employee Parking

    3.78 miles

  • Skyline Ford Salem

    4.49 miles

  • Phoenix Inn Suites - Salem

    3.16 miles

  • La Quinta Inn

    3.31 miles

  • Mill Creek Inn

    3.32 miles

  • Residence Inn

    3.38 miles

  • Comfort Suites

    3.43 miles

  • Hampton Inn & Suites

    3.53 miles

  • Home2 Suites

    3.56 miles

  • Howard Johnson by Wyndham Salem

    3.97 miles

  • Knights Inn

    4.81 miles

  • Holiday Lodge Motel

    5.06 miles

  • Safeway

    2.36 miles

  • Walmart

    2.55 miles

  • WinCo Foods

    2.68 miles

  • II Vape Salem

    2.71 miles

  • Walmart Supercenter

    2.91 miles

  • Herbal Grasslands - Cannabis Dispensary

    2.91 miles

  • Privat European Food and Bakery

    2.92 miles

  • CU Quick Mart

    2.92 miles

  • Trader Joe's

    3.04 miles

  • Natural Grocers

    3.22 miles

Contact Listing Broker
Dave Smith

Tradition Real Estate Partners

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