Ideal for Retail, Senior Living, Apartments, Hotels. etc. Zoned to build almost anything. Our Salem Project by City of Salem rezoned these parcels for mixed use broadening and increasing development potential for the parcel. Please confirm with the city of Salem.. This 2 parcel plot of land spans a total of 208 (+/-) acres and is located in Salem, Oregon just off I-5 Freeway with excellent visibility. One parcel of 1.85 acres and one is 0.95 acre. They are available as one single parcel or separately with price variation. Salem, the capital city of Oregon and its third largest city, lies in the center of the lush Willamette River valley,47 miles from Portland. Salem is a city of over 47 square miles, located an hour from the Cascade mountains to the east and an hour from the ocean beaches to the west.