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    3515 Del Webb Ave NE Salem, OR 97301

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    For Lease
    $9 SF/Yr

    Retail/flex building with showroom and high visibility available for lease.

    Property size:
    30,000 SF
    Lot size:
    2.44 Acres

    Property Features for 3515 Del Webb Ave NE

    General Information

    Size
    30,000 SF
    Lot size
    2.44 Acres

    Source: First Commercial Real Estate Agent Ruth Dana

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

    Overview

    Retail/Flex Building with Showroom

    Approximately 30,000 square feet is available for lease within a 48,327 square foot retail/flex building situated on 2.45 acres. The building features a primarily open configuration. The main entrance includes wood beamed ceilings and a built-out showroom. The building has ceiling heights ranging from 18 to 20 feet and is equipped with gas pack heaters. The property benefits from high visibility and signage opportunities on Martin Luther King Jr. Parkway (Salem Parkway), which sees over 30,000 vehicles per day.
    Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Similar Places Nearby

    Elegant Catering, Mayrene's Catering

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0159722
    Latitude
    44.9751925

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    FAQs

    What type of property is this?
    Flex space - Retail/flex building with showroom and high visibility available for lease.
    Where is this flex space located?
    The property is located at 3515 Del Webb Ave NE Salem, OR.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - High visibility location on Martin Luther King Jr. Parkway (Salem Parkway) with 30,000+ vehicles per day.; - **Large available space of approximately 30,000 SF** in a 48,327 SF building.; - Flexible retail/flex building suitable for various business types.
    (503) 364-7400
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    3515 Del Webb Ave NE Salem, OR 97301
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    Salem, OR 97301
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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
    3515 Del Webb Ave NE Salem, OR 97301
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