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    4500 Commercial St SE Salem, OR 97302

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    For Lease
    Contact for pricing

    Premier retail location near Trader Joe's, ULTA, and PETCO.

    Property size:
    30,714 SF
    Lot size:
    30,714 SF

    Property Features for 4500 Commercial St SE

    General Information

    Size
    30,714 SF

    Building Details

    Year built
    1984

    Source: Jerry Jones Agent Jerry Jones

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space in Salem

    This property offers a leasing opportunity in South Salem, situated next to ULTA Beauty, TRADER JOE'S, and PETCO. The location is suited for businesses seeking a vibrant and accessible setting. The property provides space for retail, family entertainment, or a restaurant venue. Ample parking, high visibility, and easy access enhance convenience for employees and visitors. The property is located in a prime South Salem location, offering an array of retail opportunities. The area attracts shoppers and businesses alike and benefits from proximity to a major grocery chain, national retailers, popular dining establishments, entertainment venues, and community hotspots. With access to major transportation routes and a local economy, this location is suited for a Retail or Big Box Store Building, promising visibility and foot traffic. The property size is 30714 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rite Aid Photo Photo Lab Rite Aid Pharmacy Pharmacy William R. Croco, ... Pharmacy Indradevi Swaminathan, RPH Pharmacy Amazon Locker - Ihab Shipping And Mailing Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0325287
    Latitude
    44.8890269

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    FAQs

    What type of property is this?
    Retail space - Premier retail location near Trader Joe's, ULTA, and PETCO.
    Where is this retail space located?
    The property is located at 4500 Commercial St SE Salem, OR.
    What are key features of this property?
    This property features: - Prime South Salem location with high visibility and foot traffic.; - Located next to Trader Joe's, ULTA Beauty, and Petco.; - Ample parking for employees and visitors.
    (503) 569-0074
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    4500 Commercial St SE Salem, OR 97302
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    Salem, OR 97302
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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
    4500 Commercial St SE Salem, OR 97302
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