Listing Agency: Works Real Estate Show Phone

Listed By: Matin Real Estate Show Phone

Source: Portlandrealestate

Added: Oct 7 Last Checked: Oct 9 at 7:12PM

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Investment Insights

Based on property information with market context.

This industrial land parcel includes a 1,632-square-foot house with three bedrooms and three bathrooms, plus a separate 1,040-square-foot shop. The property is currently used for dog boarding.

IP (Industrial Park) zoning allows light-industrial, flex, warehousing, and complementary commercial uses. An on-site creek may affect usable acreage, which should be confirmed through wetland delineation.

Key Highlights

• IP (Industrial Park) zoning
• 1,632 SF house with 3 bedrooms and 3 bathrooms
• Separate 1,040 SF shop

Property Analytics

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Current Use

Holidays Dog Boarding ... Kennel & Boarding Facility

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Building Supply Spa & Massage Center Nail Salon

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

72

Businesses Nearby

Explore this area Business Placement

Demographics for 97317, OR

25,852

Population

9,024

Households

2.9

Avg Household Size

38

Median Age

22%

College-Educated

86%

High-School Grad

55.2 sq mi

ZIP Area

468

Density / Sq Mi

$81,208

Median Household Income

$39,794

Median Earnings

$1,370

Median Rent

$382,500

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial land - IP-zoned parcel includes a residence and a separate shop, with an on-site creek.

Where is this industrial land located?

The property is located at 1125 Cordon Rd SE Salem, OR.

What is the asking price?

The asking price for this property is $1,764,510.

What are key features of this property?

This property features: IP (Industrial Park) zoning; 1,632 SF house with 3 bedrooms and 3 bathrooms; Separate 1,040 SF shop