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    4707 Silverton Rd Salem, OR 97305

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    For Lease
    Contact for pricing

    10,059 SF Office, 1.39 Acres

    Lot size:
    10,059 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    328
    This exceptional two-story, 10,059-square-foot office building in North Salem presents a rare opportunity for owner-occupancy or investment. Built in 2005, the property boasts a versatile layout featuring private offices, conference rooms, and ample storage, catering to a variety of business needs. The building is conveniently served by an elevator and offers extensive on-site parking. Its CR (Commercial Retail) zoning provides flexibility for future uses. A significant advantage is the inclusion of 1.39 acres of land, allowing for expansion or additional parking. This property offers a unique opportunity to acquire a substantial office building with significant land holdings. The building and land are available for sale or lease, either as a combined package or separately. The property's location in North Salem ensures easy access and convenient ingress/egress. The building's design and features make it an ideal space for a variety of businesses seeking a functional and well-appointed office environment. The substantial land parcel offers significant potential for future development or expansion, adding considerable value to this already impressive offering. This is a truly unique opportunity to acquire a turnkey office space with significant land holdings in a desirable location.

    Property Features for 4707 Silverton Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,059 SF

    Building Details

    Year Built
    2005
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space
    Size
    10,059 SF

    HighLights

    • 10,059 SF office building on 1.39 acres in Marion County.
    • Single‑tenant occupancy; fully vacant.
    • Two‑story building with elevator.
    • CR (Commercial Retail) zoning.
    • Ample parking available.
    • Adjacent 0.88‑acre parcel available for purchase or lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -122.9666462
    Latitude
    44.9699335

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    FAQs

    What type of property is this?
    Land - 10,059 SF Office, 1.39 Acres
    Where is this land located?
    The property is located at 4707 Silverton Rd Salem, OR.
    What are key features of this property?
    This property features: 10,059 SF office building on 1.39 acres in Marion County.; Single-tenant occupancy; fully vacant.; Two-story building with elevator.
    Request Owner's contact information
    4707 Silverton Rd Salem, OR 97305
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    Salem, OR 97305
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    Realmo Value Estimation

    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.

    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.

    More about this property
    4707 Silverton Rd Salem, OR 97305
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