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Gas Station Retail Property
For Sale
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102 Lancaster Drive NE, Salem, OR 97301

For sale retail gas station property offered with a stated 5.97% cap rate.

Property SizeContact for details
Days on Market93

Property Features for 102 Lancaster Drive NE

General Information

Standard status Active
Property subtype Retail, Land
Zoning Commercial Retail (CR)
Lease Type NNN
Investment Type Net Lease
Net Operating Income $95,509

Additional Details

Cap Rate 5.97%

Building Details

Tenancy Multi
Listing Agency: Commercial Realty Advisors Northwest LLC
Listed By: Kelli Maks · License #OR 201012083
Source: Crexi
Added: Jun 4 Changed: Aug 26 Last Checked: Sep 2 at 10:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Realty Advisors Northwest LLC

Investment Insights

Based on property information with market context.

This for-sale retail gas station property is presented with a stated 5.97% cap rate in the seller’s remarks. The listing is categorized under retail, gas station, and automotive property types.

The property is located at 102 Lancaster Drive NE in Salem, Oregon. Additional building and site details are not provided in the available information.

Prospective buyers should review the full offering materials to confirm the current configuration, income details, and any operational or leasing terms associated with the stated cap rate.

Key Highlights

  • Retail gas station property for sale
  • Stated 5.97% cap rate

Property Analytics

Current Use

CoinFlip Bitcoin ATM Bank 76 Gas Station Rocket Grocery & Convenience Store

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Spa & Massage Center Big Box & Wholesale Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

731
Businesses Nearby

Demographics for 97301, OR

56,393
Population
21,419
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
11.3 sq mi
ZIP Area
4,991
Density / Sq Mi
$57,497
Median Household Income
$33,220
Median Earnings
$1,197
Median Rent
$310,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Gas station - For sale retail gas station property offered with a stated 5.97% cap rate.
Where is this gas station located?
The property is located at 102 Lancaster Drive NE Salem, OR.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Retail gas station property for sale; Stated 5.97% cap rate
(503) 680-3765 Call to check price and availability
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