5 Photos

$399,900

TBD 0 E Hwy 32

n/a, Salem, Missouri, 65560

MLS® 26059971 · Listed by United Country Salem Realty

0 bedroomsLand and Lots0 days on marketLot 148104.00$2,070 taxes (2025)

About this property

Prime Commercial Development Opportunity in Salem, MO! Located on high-traffic, state-maintained Highway 32 in the heart of Salem, this 3.42-acre surveyed commercial tract offers a rare opportunity to secure a sizable piece of commercial property in a location where large tracts like this are increasingly hard to find. Zoned commercial and offering plenty of room for development, the possibilities are wide open for a shopping center, restaurant, lending facility, office complex, retail business, or a variety of other commercial ventures. With excellent visibility, convenient highway access, and a central Salem location, this property provides the space and location to bring your business or development plans to life. Opportunities to acquire this much commercial land in the heart of Salem are rare—don’t miss your chance to invest in one of the area's hard-to-find large commercial tracts!

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Comparable recent sales

Sold records the MLS® data provider selected as comparable to this home — nearby recent sales at a similar price, bed count, and property type. Locations are shown at the neighborhood level only.

SoldJun 22, 2026

$395,000

Listed at $395,000

Union Heights & Highland Park, St James, Missouri

0 bd · 0 ba · Land and Lots

SoldAug 13, 2026

$425,000

Listed at $458,800

N/A, Fredericktown, Missouri

0 bd · Land and Lots

SoldJul 3, 2026

$390,000

Listed at $422,920

none, Dittmer, Missouri

0 bd · Land and Lots

SoldJun 24, 2026

$385,000

Listed at $385,000

Not in a subdivision, Waterloo, Illinois

0 bd · Land and Lots

SoldAug 7, 2026

$376,200

Listed at $376,200

none, Winfield, Missouri

0 bd · Land and Lots

SoldJun 24, 2026

$430,000

Listed at $489,000

Cross Keys Estates, Florissant, Missouri

0 bd · 0 ba · Land and Lots

Similar properties

MLS® data for this listing last updated Sep 16, 2026.

Market snapshot

The n/a, Salem market

Closed sales in n/a, Salem over the last 12 months.

$211,150

Median sold price

77

Avg. days on market

57

Homes sold

Median sold price by month

Median sold price trend from Oct 2025 ($263,000) to Sep 2026 ($52,500)Oct 2025Sep 2026