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    525 Glen Creek Rd Salem, OR 97304

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    For Lease
    $2 SF/Yr

    Office suites available in multi-tenant building on Glen Creek.

    Property size:
    890 SF
    Lot size:
    0.78 Acres

    Property Features for 525 Glen Creek Rd

    General Information

    Size
    890 SF
    Lot size
    0.78 Acres

    Source: SMI Real Estate Agent Elesa Doll

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

    Overview

    Glen Creek Road Office Space

    Located on Glen Creek Road, this multi-tenant office building offers suites for lease. Suite 120, situated on the ground floor, provides approximately 890 square feet of space. The suite features an open reception area and four private offices. One office is equipped with plumbing hookups. The building includes a lobby with common area seating, two ADA restrooms, and two parking lots. Elevator service is available. The property is zoned MU-III, Mixed Use, offering great visibility and location.
    Location Intelligence

    Current Use by Public Records

    Leslie Pitchford PhD Psychologist Bjorkquist Patricia M ... Psychologist Dr. Clifford Johannsen ... Psychologist Thompson Jesse Family Counselor Broskie Nancy E ... Psychiatrist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0528454
    Latitude
    44.9505316

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    FAQs

    What type of property is this?
    Office space - Office suites available in multi-tenant building on Glen Creek.
    Where is this office space located?
    The property is located at 525 Glen Creek Rd Salem, OR.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - Great visibility and location; - Zoned MU-III - Mixed Use; - Suite 120: Ground floor, approximately 890 SF
    (503) 884-1273
    Request Owner's contact information
    525 Glen Creek Rd Salem, OR 97304
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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
    525 Glen Creek Rd Salem, OR 97304
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