– Approximately 24 acres of prime residential development land in the heart of south salem- Family-owned property for 70+ years- Total site is 29.68 acres – ownership to retain approx. 5.5 acre homestead portion (see page 4 of brochure)- Conceptual plan for 127 lots – see page 5 of flyer- Opportunity for planned unit development on site- Access to city infrastructure (water, sewer, electric, etc)- RA (residential agriculture) zoning allows for development of single family detached dwellings including manufactured dwelling (subject to approval), townhome development (not more than 3 units, each on a separate platted lot, may be attached) and senior facility (conditional)- Minimum 4,000 sq. Ft. Lot size requirement for single family lots- $420k+ median home sale price within 1.5 mile