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    3850 Commercial St SE Salem, OR 97302

    For Lease
    $1.67 SF/Yr

    Storefront with digital signage in a high-traffic location.

    Property size:
    1,112 SF
    Lot size:
    1.25 Acres

    Property Features for 3850 Commercial St SE

    General Information

    Size
    1,112 SF
    Lot size
    1.25 Acres

    Source: Coldwell Banker Commercial - Mountain West | Salem Agent Pam Rushing

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

    Overview

    High-Visibility Storefront on Commercial Street

    This storefront property offers high visibility on South Commercial Street. It features digital signage and is located across the street from Panda Express, Chipotle, and Bo and Vine. The property size is 1112 square feet.
    Location Intelligence

    Current Use by Public Records

    Palm Beach Tan Tanning Salon

    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.

    Similar Places Nearby

    SameDay-FlowerDelivery, Belle Fleur Floral Design

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0387299
    Latitude
    44.9007014

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    FAQs

    What type of property is this?
    Storefront property - Storefront with digital signage in a high-traffic location.
    Where is this storefront property located?
    The property is located at 3850 Commercial St SE Salem, OR.
    What is the lease rate?
    The lease rate is $1.67 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility storefront; - Great location on South Commercial; - Across the street from Panda Express, Chipotle and Bo and Vine
    (503) 884-0457
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    3850 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
    3850 Commercial St SE Salem, OR 97302
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