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    925 Patterson Ave NW Salem, OR

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    For Sale
    $9,500,000

    185,000 SF industrial warehouse with secure yard and multiple loading docks.

    Property size:
    185,000 SF
    Lot size:
    6.20 Acres

    Property Features for 925 Patterson Ave NW

    General Information

    Size
    185,000 SF
    Lot size
    6.20 Acres

    Source: Tradition Real Estate Partners Agent AJ Nash

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

    Overview

    Industrial Warehouse with Secure Yard

    The property is an industrial warehouse offering 185,000 square feet of space. It features a secure yard and multiple loading docks and roll-up doors. The warehouse is currently generating income with multiple tenants. Additionally, there are two 82,000 square foot warehouses with a 60,000 square foot yard, grade level doors, exterior and interior docks with a ramp, 22 foot clear height, concrete tilt-up construction, and a sprinkler system. Another 50,000 square foot concrete tilt-up warehouse with shop features a grade level door, 6 primary and 6 secondary dock doors, 26 foot clear height, and a sprinkler system. It was built in 1964 and has existing income with a credit tenant.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Map

    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.002552
    Latitude
    44.932468

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    FAQs

    What type of property is this?
    Warehouse - 185,000 SF industrial warehouse with secure yard and multiple loading docks.
    Where is this warehouse located?
    The property is located at 925 Patterson Ave NW Salem, OR.
    What is the asking price?
    The asking price for this property is $9,500,000.
    What are key features of this property?
    This property features: - Existing income with credit tenant (Parcel B) and multiple tenants (Parcel C).; - Large warehouse spaces available: 185,000 SF (Parcel C), two 82,000 SF warehouses (Parcel A), and 50,000 SF (Parcel B).; - Significant yard space: 60,000 SF yard (Parcel A) and secure yard (Parcel C).
    (503) 559-9279
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    925 Patterson Ave NW Salem, OR
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    Salem, OR
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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
    925 Patterson Ave NW Salem, OR
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