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    Pam Rushing, Salem, OR

    License ID: 200202271
    COLDWELL BNKR/COMMERCIAL DIV
    Years of Experience
    16

    Contact details

    Phone:
    (503) 884-0457

    Performance

    Listings
    23
    Total transactions
    18
    Total transactions amount
    $16M
    Price range
    $593k - 1.3M
    Average price
    $889k

    Listings

    For Sale (3)

    View map
    • $3,800,000
      16,870 SF

      Keizer Retail Strip Mall For Sale

      16,870 SF retail building in Keizer, Oregon.
      4900 River Rd N, Keizer, OR 97303
      View Details
    • $4,325,120

      Corner Land Parcel Near I-5

      4.47 acres of land near I-5 interchange.
      4700-4826 Battle Creek Rd SE, Salem, OR 97302
      View Details
    • $400,000
      2,512 SF

      Salem Retail Property For Sale

      Retail property in Salem with high visibility and versatile zoning.
      1890 State St, Salem, OR 97301
      View Details

    For Lease (20)

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    • $20 SF/Yr
      1,325 SF

      Retail Space Available For Lease

      Retail space available for lease in Salem, Oregon.
      1637-1677 Hawthorne Ave NE, Salem, OR 97301
      View Details
    • $20 SF/Yr
      2,492 SF

      Retail/Office Space For Rent

      Prime location with high visibility, ideal for retail or office.
      5045-5099 River Rd N, Keizer, OR 97303
      View Details
    • Contact for pricing

      Commercial Land Near I-5

      Commercial land available for lease near I-5 in Salem, OR.
      4770 Logistics St SE, Salem, OR
      View Details
    • $1.25 SF/Yr
      1,301 SF

      Retail Space on Busy Corridor

      Well-maintained retail space with ample parking and excellent signage.
      130-164 Lancaster Dr SE, Salem, OR 97317
      View Details
    • $1.00 SF/Yr
      1,200 SF

      Retail Space in Stayton, Oregon

      Retail space available with ample parking and tenant improvements negotiable.
      143-147 W Washington St, Stayton, OR 97383
      View Details
    • $25 SF/Yr
      2,181 SF

      Retail Space in South Salem

      Retail spaces available in a multi-use development in South Salem.
      122 Hrubetz Rd SE, Salem, OR 97302
      View Details
    • $275 SF/Yr
      6,000 SF

      Keizer Office Space For Rent

      Office space available for lease in Keizer, Oregon.
      4450-4494 River Rd N, Keizer, OR 97303
      View Details
    • $2 SF/Yr
      430 SF

      Retail Space in Keizer, Oregon

      Retail space available in a high-traffic shopping center.
      4900-4924 River Rd N, Keizer, OR 97303
      View Details
    • $1.67 SF/Yr
      1,112 SF

      High-Visibility Storefront on Commercial Street

      Storefront with digital signage in a high-traffic location.
      3850 Commercial St SE, Salem, OR 97302
      View Details
    • $1.25 SF/Yr
      2,077 SF

      Retail Space in Busy Center

      Retail showroom with storage in a patrolled shopping center.
      1521-1555 Hawthorne Ave NE, Salem, OR 97301
      View Details
    • $1.00 SF/Yr
      1,415 SF

      West Salem Office Space Available

      Remodeled office space in popular West Salem shopping destination.
      1495-1520 Edgewater St NW, Salem, OR 97304
      View Details
    • Contact for pricing
      2,788 SF

      Retail Space Near Commercial Street

      Retail space with private offices and onsite parking available for rent.
      5375-5399 Commercial St SE, Salem, OR 97306
      View Details
    • $1.00 SF/Yr
      1,170 SF

      Retail Space Near Western Oregon

      Retail space in newer shopping center near Western Oregon University.
      601-609 Clay St E, Monmouth, OR 97361
      View Details
    • $1.25 SF/Yr
      2,000 SF

      Versatile Space in High-Traffic Location

      Flexible retail, office, or service space with I-5 access.
      1310-1330 12Th St SE, Salem, OR 97302
      View Details
    • $1.40 SF/Yr
      2,871 SF

      Stayton Plaza Retail Space Available

      Prime commercial space with existing dental infrastructure in Stayton.
      151-171 W Washington St, Stayton, OR 97383
      View Details
    • $0.80 SF/Yr
      6,362 SF

      Gated Parking Lot with Access

      Gated parking lot featuring four grade doors and alley access.
      2060 Warner St NE, Salem, OR 97301
      View Details
    • $1.60 SF/Yr
      2,744 SF

      Move-in Ready Office Space

      Office space available for rent with ample parking.
      408-412 Lancaster Dr NE, Salem, OR 97301
      View Details
    • $35 SF/Yr
      1,994 SF

      Retail Space in South Salem

      Retail space available in a multi-use development in Salem.
      112 Hrubetz Rd SE, Salem, OR 97302
      View Details
    • $1.50 SF/Yr
      1,584 SF

      Retail Space in High-Traffic Area

      Retail space with restroom, bathroom, and kitchen in Salem.
      1105-1109 Edgewater St NW, Salem, OR 97304
      View Details
    • $1.50 SF/Yr
      1,362 SF

      Retail Space in Keizer, Oregon

      Retail space with high visibility in a popular shopping center.
      4930-4940 River Rd N, Keizer, OR 97303
      View Details

    Leases and Sales on Map

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    • For Lease

    Properties for sale

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    Pam Rushing, Salem, OR
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    Pam Rushing, Salem, OR
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