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    1940 Mission St SE Salem, OR 97302

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    For Lease
    $0.70 SF/Yr ($1,186 /Mo)

    17,000 SF warehouse space with ample parking and high ceilings.

    Property size:
    20,347 SF
    Lot size:
    20,347 SF

    Property Features for 1940 Mission St SE

    General Information

    Size
    20,347 SF

    Building Details

    Year built
    1987

    Source: Curt Arthur, SIOR Agent Curt Arthur, SIOR

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

    Overview

    Salem Warehouse Space Available

    Located at 1940 Mission Street SE, Salem, OR, 97302, this 17,000 SF warehouse space is available in the rear of the Withnell property. The industrial space features ample parking, high ceilings, a fenced perimeter, and an efficient loading dock area. It is strategically positioned in Salem, an industrial hub with easy access to I-5 and Highway 22, making it suitable for storage, distribution, or warehousing. The location offers a prime opportunity for industrial, warehouse, and distribution tenants seeking efficient transportation routes and a strong industrial community. This space is ideal for businesses seeking a well-equipped and strategically located industrial, warehouse, or distribution space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Withnell Car Rental Car Rental Agency Skyline's Overstock Outlet Ford Dealer

    Suggested Use

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

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

    Similar Places Nearby

    Storage 4 Less

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0222841
    Latitude
    44.9270204

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    FAQs

    What type of property is this?
    Warehouse - 17,000 SF warehouse space with ample parking and high ceilings.
    Where is this warehouse located?
    The property is located at 1940 Mission St SE Salem, OR.
    What is the lease rate?
    The lease rate is $0.70 SF/Yr.
    What are key features of this property?
    This property features: - 17,000 SF warehouse space; - Strategic location in Salem, Oregon, with easy access to I-5 and Highway 22; - Ample parking
    (503) 559-7990
    Request Owner's contact information
    1940 Mission 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
    1940 Mission St SE Salem, OR 97302
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