1990 Wallace Rd NW

Salem, OR 97304

$5,000,000
Price
538,401 / 12.36
Lot Size / Acres

Description

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.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.
  1. Listed by Christine Folz • Real Broker • christinefolzre@gmail.com

Property Details for 1990 Wallace Road Northwest

Zoning
SR/EFU
View
Territorial
LISTING UPDATED: 12/15/2025 12:20 AM

Property Details for 1990 Wallace Road Northwest

StatusActive
MLS #23414635
Days on Market767
Taxes$147 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Mixed Use
Year Built-
Lot Size12.36 AC
CountyPolk County

Location

Listing Courtesy of Real Broker
Add your commute

Building Information for 1990 Wallace Road Northwest

Lot Size12.36 AC

Payment Calculator

$24,719 per month

30 year fixed, 6.28% Interest

Principal and Interest

$24,707

Property Taxes

$12

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1990 Wallace Road Northwest

Summary
Location and General Information
  • Country: US
  • Directions: Lynda Ln
  • Road Surface: Paved
School Information
  • Elementary School: Harritt
  • High School: West Salem
  • Middle Or Junior School: Walker
Taxes and HOA
  • Tax Year: 2022
  • Tax Annual Amount: $146.68
  • Parcel Number: 314820,314846
  • Tax Legal Description: 731500 501
Property
Lot Information
  • Acres: 12.36
  • Lot Size Square Feet: 538401.0
  • Number Of Lots Total: 2
  • Current Use: Farm
  • Lot Size Range: Acres10to20
  • Lot Size: 10 to 19.99 Acres
Property and Assessments
  • Property Sub Type: Mixed Use
  • Property Type: Land
Utilities
  • Utilities: Electricity Available, Phone Available, Well
Interior and Exterior Features
Exterior Features
  • Waterfront Description: River Front
  • Water Name: Willamette
  • Existing Structures Description: Barn, Driveway, No Value

Public Records for 1990 Wallace Road Northwest

Taxable ValueLand$26,324Additions-Total$26,324
Tax Record2024$73 ($6 / month)
Home Facts
Baths3.5Total Finished SqFt3,434 SqFtAbove Grade Finished SqFt3,434 SqFtStories1Lot Size267,458 SqFtStyleMiscellaneous AgriculturalYear Built1978ZoningEFUCountyPOLKAPN07315-00-00800Fireplace TypeHas Fireplace

Schools near 1990 Wallace Road Northwest

This home is within Salem-Keizer School District 24j.
Rating
School
Type
Grades
Distance
Harritt Elementary School
Public - K to 5
Walker Middle School
Public - 6 to 8
West Salem High School
Public - 9 to 12
Jane Goodall Environmental Middle Charter School
Charter - 6 to 8
Rating
School
Distance
Harritt Elementary School
PublicK to 5

Walker Middle School
Public6 to 8

West Salem High School
Public9 to 12

Jane Goodall Environmental Middle Charter School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1990 Wallace Road Northwest, Salem, OR 97304

1990 Wallace Road Northwest is a 12.36 ac of land for sale in Salem, OR 97304. This property was listed for sale on November 9, 2023 by Real Broker, it's currently listed at $5,000,000. This listing's school district is Salem-Keizer School District 24j. Nearby schools include Harritt Elementary School, Walker Middle School and West Salem High School. 1990 Wallace Road Northwest is a 0-bed, 0-bath, 12.36 ac of land on a 538,401 sq. ft. / 12.36 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Real Broker

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2025 RMLS, Portland, Oregon. Last updated: 12/15/2025 12:20 AM